Cyber Risk
Cyber Risk encompasses two critical threats: network security failures and privacy incidents. Network security failures refer to an organization’s inability to safeguard its computer systems, while privacy incidents involve the compromise of private information. These threats can sometimes be interconnected or present as separate challenges, but both can lead to significant losses for an organization.
Thankfully, our policies are designed to mitigate these risks, covering defense costs and indemnifying against damages arising from legal liability due to these cyber incidents.
Why Foray?
At Foray Specialty, we understand the complexities of cyber risk and offer tailored solutions to address the unique challenges your organization may face.
Our expertise ensures that you receive comprehensive coverage, protecting your business from the financial and reputational damage caused by network security failures and privacy incidents. Trust Foray to safeguard your organization with robust and reliable Cyber Risk policies.
Target Risks
Commercial enterprises
Coverages Available
Incident Response Expenses
- Containing a network security failure or privacy incident
- Retaining legal counsel, forensic investigators, and public relations professionals to help determine your responsibilities
- Notifying affected people and provide identity theft assistance
- Security & Privacy Liability
- Class actions by customers whose personal information has been compromised
- Regulators bringing investigations for violating a law relating to these types of incidents
- Business Interruption
- Data Recovery
- Cyber Extortion
Related Product Offerings
Media Content Liability
PCI-DSS Assessment Coverage
Contingent Business Income Loss
System Failure Coverage
Cyber Crime
Contingent Bodily Injury / Property Damage
Limits
- Up to $25,000,000 – Primary or XS limits
- Shared or separate limits available
Deductibles
- Minimum $1,500
Cargo & Stock Throughput