CyberRisk for Public Entities
Just as public entities would not go without an insurance policy to protect themselves from a fire, they shouldn't go without protecting themselves from cyber risks. CyberRisk is a powerful, modular approach to offering cyber insurance solutions for public entities.
CyberRisk provides more solutions with coverage options specifically tailored to public entities.
It helps protect public entities in the event of a cyber breach by providing coverage as a standalone policy or part of a full suite of coverages. CyberRisk coverage includes 17 insuring agreements, including:
Liability insuring agreements:
Privacy and security
Media
Regulatory
Breach Response insuring agreements:
Privacy breach notification
Computer and legal experts
Betterment
Cyber extortion
Data restoration
Public relations
Cyber crime insuring agreements:
Computer fraud
Funds transfer fraud
Social engineering fraud
Telecom fraud
Business loss insuring agreements:
Business interruption
System failure
Dependent business interruption
Reputational harm
This coverage is specifically designed to help protect:
K-12 public schools
Municipalities and counties
Transit authorities
Utilities
CyberRisk coverage provides innovative value-added pre-breach and post-breach risk management services.
Travelers is there to help clients manage the short- and long-term issues which can arise after a cyber event. That support includes:
- The HCL Technologies Cyber Security Coach helpline which is designed to provide actionable advice and answers to your cybersecurity questions.
- A HIPAA Coach who can consult with you about the steps you should take to safeguard protected health information (PHI) from a data breach.
- A Breach Coach® who can help you isolate the affected data, notify customers, retain necessary forensics experts and manage crisis communications. A Breach Coach can help you determine the potential for regulatory penalties and legal action and identify the next steps to take.
How multifactor authentication (MFA) can help protect against cyber threats
Multifactor authentication (MFA) can help stop cyber attacks by requiring a second form of verification that can block most account-compromising attacks.
Resources for public entities
Related services
Risk Control
With more than a century of expertise and more than 500 Risk Control consultants, Travelers has the experience and technical proficiency to help businesses manage their risks.
Claim
Our knowledgeable Claim professionals will respond to your needs with speed, compassion, integrity and professionalism. It's our business to help keep you in business.