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