Press Kit
OUR STORY
OUR GOAL
WHY CYBERDOT?
A Simple Application Process
Complete a single online application in 5 minutes or less. You will never be asked to fill out another application ever again!
Top Insurance Carriers
Timely Comparison of Cyber Insurance Quotes
You will receive a competitive Cyber Insurance quote that is 100% tailored to your business's needs in 24 hours or less.
A Team of Cyber Insurance and Security Experts
Always on standby and ready to answer any and all questions you may have, to help you make the best decision possible when it comes to your business's cyber insurance coverage. The CyberDot team understands the threats you may be vulnerable to and knows how to eliminate those vulnerabilities.
Cyber Security and Insurance Education
We educate our clients, so they can reduce their risk of being the victim of a cyber-attack. We are constantly updating our website with materials to keep your company in the know about the latest cyber threats that could affect your business. We also offer advice on cyber security practices that can reduce your risk and earn you rebates on your insurance premiums.
WHAT DOES CYBER INSURANCE COVER?
Cyber insurance covers your first and third-party risks. 'Third-party risks' refers to the costs and losses associated with any litigious claims veiled upon you by your customers or other third parties and 'First-party risks' refers to the policyholder's losses.
THIRD-PARTY COVERAGES
Coverage for lawsuit defense, investigation, settlements and judgments that arise against your company the party responsible for keeping sensitive data safe and failing to do so due to a cyber event.
Network Security, Data Security, Media Content and Privacy Liability
Regulatory, HIPAA, and PCI Defense, Fines and Penalties
FIRST-PARTY COVERAGES
Coverage that is designed to cover the costs to your business as a result of a cyber-attack or a data breach.
Data Breach Response
Notification Costs
Covers the costs associated with notifying affected and potentially affected individuals or companies whose sensitive information has been compromised. With notification laws being occasionally updated and significant penalties that follow non-compliance with those laws, it’s important to act swiftly after the breach happens.
Reputation Income Loss
Ransomware Extortion
Cyber Crime
Social Engineering
Covers loss of money in the case you or your employees fall victim to a social engineering scam. Scam artists, through social engineering scams like phishing, can use fraudulent instruction to acquire money from your or your employees.
Business Interruption
Covers loss of profits and extra expense due to disruption in business operations resulting directly from unauthorized access or use of a computer system, transmission of malicious code or virus, or a Denial of Service Attack.
System Failure Interruption
Covers loss of profits and extra expenses due to computer system failure and disruption of business operations as a result. The system failure could be due to hardware or software glitches, human error, a cyber-attack, etc. This coverage could be written on an All Risk (broad coverage) or Named Peril (only specifically named types of system failures are covered). Typically, power outages and software upgrades may not be covered so it is important to review exact wording in the policy.
Contingent Business Interruption
Covers extra expenses and loss of profits due to a cyber-attack of a critical business partner. For example: the hacking of your data storage provider that stores sensitive data of your customers.
Computer System Property Damage
Covers the cost to restore hardware damaged because of a specific cyber event.
This information is for marketing purposes only and is not a complete description of all products and services offered by Berkley Cyber Risk Solutions. Not all products and services in every jurisdiction and the precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued.
How CyberDot Can Help
Our goal is to help you find the most effective and affordable cyber insurance policy for your business and provide you with professional cyber security advice.