Cyber liability is a special form of commercial insurance created to protect businesses against misuse of their computer system and information contained on it. Damage can come from outside unauthorized sources who intentionally breach (hack) your computer's security system in order to create damage to files or to obtain information from files with the intent to commit fraud or misuse. Damage can also occur from authorized computer system users (employees) who intentionally or by unintentional actions allow access to company or client private information.
Coverage may also include extra expenses triggered by notifying clients of security breaches and resolution of resulting issues.
Coverage forms vary widely between carriers so your agent's careful analysis will assist you in making an informed choice of products.