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Cyber Liability
 
Virginia Bar Association Insurance: created by Virginia lawyers for Virginia lawyers. Formerly Virginia Barristers Alliance, Inc.

Serving Virginia's Legal Community Since 2001

Virginia Barristers Alliance, Inc., is now Virginia Bar Association Insurance.

 

Cyber liability coverage provides protection for losses involving an unauthorized leak of confidential information transmitted via email, the Internet and computer networks.

Some policies include coverage for recovering lost data, fines and penalties for breaches and the costs to notify those affected, and for credit-monitoring services (which can average around $250 per person).

Why It's Important

The rising use of computers and email brings with it a higher risk for security breaches, theft, loss or accidental transmission of confidential information (personal or financial). Security breaches are not just caused by hackers, but by losing a laptop, employees acting maliciously, or problems with offsite data storage, for example.

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