Cyber Liability insurance generally covers a business' liability for a data breach in which the firm's customers' personal information is exposed or stolen by a computer hacker (such as, Social Security numbers, credit card numbers, driver's license numbers, health records, etc.) Coverage differs by insurance companies, but common coverages include data breaches, identity theft, personal data theft, notification costs, credit monitoring, costs to defend claims by state regulators, fines and penalties.
Does a business' commercial general liability insurance provide coverage for Cyber Liability? The commercial general liability policy covers bodily injury or property damage resulting from a business' products, services or operations. Therefore, Cyber Liability is not covered under a commercial general liability policy.