Additional Solution: Cyber Liability Insurance

With an average cost of $201 per compromised record, a breach can be potentially devastating to your organization. While traditional insurance policies have significant gaps in coverage for digital exposures, a Cyber Liability Insurance Policy helps to fill in those gaps by providing liability coverage to an organization specific to cyber and privacy breaches.

As an ALA member, you can quote and bind a cyber liability insurance policy online at GLJcyber.com. Coverage highlights for ALA members include:

• PRICING: Special pricing available for ALA member firms. Check out the pricing structure.
• COVERAGE: Broad coverage language for Regulatory Claims, Business Interruption & Digital Asset Restoration, Cyber Extortion, Multimedia Liability & Privacy Breach ─ all coverages offered at full policy limits.
• HOTLINE: Access to 24-hour data breach hotline to report incidents with Baker Hostetler, one of the leading Cyber Breach firms in the country.