I was on a webinar regarding risk and the issue of a cyber insurance policy was given. So, I contacted my agent to see what kind of coverage I had.
Apparently, I only have an endorsement that is very limited in scope on my main package that covers data breach services only for some of my expenses relating to that breach.
My agent recommends the following:
Standalone cyber policy (non standardized) and usually you get what you pay for as coverage provisions vary greatly.
Employment Practices Liability and third party extension (Harassment, Discrimination, etc)
Management liability
In this day and age, I may be spending yet more on insurance in the near future…