Cyber Risk encompasses two critical threats: network security failures and privacy incidents. Network security failures refer to an organization’s inability to safeguard its computer systems, while privacy incidents involve the compromise of private information. These threats can sometimes be interconnected or present as separate challenges, but both can lead to significant losses for an organization.
Thankfully, our policies are designed to mitigate these risks, covering defense costs and indemnifying against damages arising from legal liability due to these cyber incidents.
Why Foray?
At Foray Specialty, we understand the complexities of cyber risk and offer tailored solutions to address the unique challenges your organization may face.
Our expertise ensures that you receive comprehensive coverage, protecting your business from the financial and reputational damage caused by network security failures and privacy incidents. Trust Foray to safeguard your organization with robust and reliable Cyber Risk policies.
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Target Risks
Commercial enterprises
Including: public, private and nonprofit entities
Coverages Available
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Containing a network security failure or privacy incident- Retaining legal counsel, forensic investigators, and publicrelations professionals to help determine your responsibilities
- Notifying affected people and provide identity theft assistance
- Class actions by customers whose personal informationhas been compromised
- Regulators bringing investigations for violating a law relatingto these types of incidents
Additional Coverages Available
Media Content
Liability
PCI-DSS Assessment
Coverage
Contingent Business
Income Loss
System Failure
Coverage
Cyber
Crime
Contingent Bodily Injury /
Property Damage
- Up to $25,000,000 - Primary or XS limits
- Shared or separate limits available
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- Minimum $1,500