Social media – social networking – whatever name is put to blogs, podcasts, networking websites like Facebook and LinkedIn, and micro-blogging services like Twitter and even your company website – have opened up new risks for employers. 

Traditional liability insurance products don’t address Internet exposures. But by disseminating information to the public through the Internet, your business now has the same liability risks as publishers. Exposures such as copyright infringement, defamation, and invasion of privacy have opened the door to the newest insurance coverage – cyber liability. 

Cyber liability insurance also covers a large range of loss exposures such as damages due to loss or theft of client data, email-transmitted libel, and even introducing (accidently or otherwise) a virus into another businesses’ network. The coverage is constantly being expanded, and it continues to undergo changes to meet the obvious growth of communications capabilities in the cyber world. 

The potential liability associated with all forms of electronic communication is rapidly evolving. Various insurers offer an expanding list of coverages. Talk to us about ways we can both identify and cover your business’ cyber risks.