Coverage for Cyber and Data Breaches
A data breach of any kind could be catastrophic for your firm, your reputation and your livelihood. Since 2013, we have included cyber liability and data breach response coverage (or, more commonly called “cyber liability insurance”) with base limits on every lawyers professional liability insurance policy at no additional charge. Because we know base limits may not be suitable for every firm, a firm may choose to increase their limits to better protect themselves at a fairly low cost.
Also, it’s important to know that your OAMIC cyber coverage not only includes first-party coverage for the law firm, but also third-party coverage to the firm’s clients. A short list of what’s included (subject to policy language) is below.