Does Remote have an insurance policy that specifically covers legal liability for data breaches and cybersecurity incidents?

Article author
Temitope Olamolu
  • Updated

Yes, Remote maintains a Technology and Miscellaneous Professional Liability & Privacy and Network Security Insurance policy.

Coverage Limit: Aggregate limit of USD 5,000,000 (primary) + USD 5,000,000 (excess) = USD 10,000,000 total

Included Coverage:

  • Privacy and Network Security Liability

  • Media Liability

  • Regulatory Proceedings, Fines, and Penalties

  • Privacy Breach Expenses

  • Network Asset Loss

  • Business Interruption / Dependent Business Interruption

  • Ransomware and Network Extortion Loss

  • Technology Professional Liability

  • Miscellaneous Professional Liability

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