From donor databases to employee records, a vast amount of sensitive information is stored electronically. Cyber Liability Insurance lets nonprofits embrace technology with confidence.
Data breaches — unauthorized access to sensitive donor, volunteer or employee data
Ransomware attacks that hold your data hostage
Phishing schemes that mislead staff into revealing confidential information
Loss of digital assets — websites, databases and other digital resources
Worth Confirming
There is no “standard” cyber policy form — available stand-alone or bundled with another liability policy, so specifics vary by carrier
Why Baker Romero
Specialists, not generalists.
Comprehensive Coverage
Crafted to address a wide spectrum of cyber threats
Expert Consultation
Guidance on best practices to fortify your digital defenses
Affordability
A balance between robust coverage and affordability
Prompt Response
Immediate response and assistance when an incident occurs
How It Plays Out
An illustrative example.
A nonprofit’s donor database was compromised in a phishing attack. Cyber Liability covered the forensic investigation, notification costs and credit monitoring offered to affected donors.
Costs related to data breach notifications, public relations efforts, legal consultations, forensic investigations, and even potential settlements or fines.