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Cyber liability insurance typically includes several types of coverage:
- Data Breach Response: Covers the costs of notifying affected parties and providing credit monitoring services.
- Network Security: Protects against losses from data theft, system damage, and business interruption due to cyber attacks.
- Cyber Extortion: Provides funds to handle extortion demands and work with experts to resolve the situation.
- Media Liability: Covers claims related to defamation, copyright infringement, and other media-related risks.