Cyber Liability Insurance
Cyber liability covers the cost of a data breach or cyberattack — both first-party recovery (your costs) and third-party liability (claims from clients and individuals whose data was exposed). Essential for any firm handling client data or PII.
Cyber Liability for Data & ML Consultancies
Python and data teams handle exactly what attackers want: client databases, customer PII, credentials, and access to production systems. Cyber liability responds when that data is breached, stolen, or held for ransom — covering both sides of the loss.
First-party coverage pays your own costs after an incident: forensic investigation, breach notification to affected individuals, credit monitoring, public relations, data restoration, and ransomware / cyber-extortion payments and recovery. Third-party coverage pays your liability to others: lawsuits from clients or individuals whose data was exposed, and regulatory fines and defense under privacy laws like GDPR, CCPA, and HIPAA where applicable.
Why Developers Are a Prime Target
When you build and host software, a vulnerability in your code can become a breach of your client's data — and the resulting claim lands on you. A single breach can generate notification costs across thousands of records plus a liability claim from the client. Cyber is frequently a contractual requirement in enterprise engagements, and we make sure your limits and sublimits (notification, extortion, business interruption) match both the risk and the contract.
What's Covered
Frequently Asked Questions
Often, yes — most technology E&O policies bundle cyber liability. But limits and sublimits vary widely. We confirm your tech E&O includes adequate first-party (notification, ransomware) and third-party cyber coverage, or place a dedicated cyber policy where your data exposure warrants it.
Usually yes. Even if you don't host data, you often have access to client systems and credentials, and your code can create the vulnerability that leads to a breach. Clients increasingly require cyber coverage in their contracts regardless of where the data lives.