CYBER LIABILITY INSURANCE

Professional Services Plans offers a comprehensive and proactive solution to the critical cyber data breach / security issues faced by businesses today. Protecting your data and customer records is more affordable than ever with Cyber Liability Insurance.

Cyber Liability Insurance provides coverage for the high costs that come from any theft or breach of customer data, including risk management and services to help you respond to an incident and investigate the cause, notification services to help with legal requirements, and costs of ongoing credit monitoring.

All practices must be compliant with HIPAA / HITECH laws, which include:

  • Policies and Procedures
  • Workforce Training
  • Risk Assessment and Risk Mitigation
  • Incident Response Plan & Response Team
  • HIPAA/HITECH Compliance Audits
  • Business Associate Agreements
  • Obligations when Breach Occurs
  • Federal/State Law Breach Notification Requirements
  • Payment Card Industry (PCI) Data Security Standards

CYBER LIABILITY / DATA BREACH PROTECTION POLICY HIGHLIGHTS

  • Privacy Liability
  • Privacy Notification Expense
  • Regulatory Liability – HIPAA/HITECH Fines & Penalties
  • Network Security Liability
  • Media/Website Liability
  • Public Relations & Crisis Management Expense
  • Credit Monitoring Expense
  • Legal & Forensic Expense
  • Theft Resolution Services
  • Risk Management Services

CYBER LIABILITY FEATURES & BENEFITS

Federal and state compliance materials regarding data security, data breaches, and data privacy including:

* Quick Tips on Many Subjects

* Summaries of Federal/State Laws

* Links to Statues & Regulations

* Sample Policies & Procedures

* Continuing Updates & Electronic Notification of Significant Changes to the On-line Materials
* “Instant alerts” sent by email for events that require immediate attention.

* Newsletters sent by email, learn about changes in federal and state laws regarding data security, data breach, and data privacy issues.
Expert support from consultants/attorneys on data security issues, including:

* Health Care & HIPAA Compliance Issues

* Data Breach Prevention Issues

* Data Security Best Practices

* Computer Forensic Issues
Procedures and on-line forms help you:

* Understand the scope of “Personal Information” (PI)

* Determine where PI is stored

* Collect and/or Retain the minimum amount of PI as required for business needs

* Properly destroy PI that is no Longer Needed

* Implement an Incident Response Plan
* Online Training Programs

* Employee Training Bulletins & Posters

* Webinars for Privacy Compliance and IT Staff

* Audio and PodCast training for Managers and/or Employees
Guidance provided to:

* Help prevent Data Security Incidents

* Respond to a Data Breach

RESOURCES FOR CYBER LIABILITY

Forms & Applications

Cyber Liability Application – Accountants

Cyber Liability Application – Dentists

Cyber Liability Application – Podiatrists

Marketing Materials

Cyber Liability Brochure – Dentists