Modern standalone cyber liability covers seven major cost buckets: breach response (forensics, legal, notification, credit monitoring), business interruption, cyber extortion and ransomware, social engineering and funds transfer fraud, network security liability (customer lawsuits), regulatory defense and fines, and media liability. Business owners policy (BOP) cyber endorsements usually cover only breach response at a $25,000–$50,000 sublimit.
See the full coverage breakdown in our Louisiana cyber guide.
