Cyber Extortion
Cyber Extortion is a type of cyber attack in which someone threatens to share, destroy, or use proprietary or personal data; or restrict access to your electronic data or electronic device unless you pay a ransom.
You’re covered for:
- Money or digital currency paid to the extortionists as ransom.
- Fees you pay to hire the following professional services:
- Digital forensic analyst to help with prosecution
- Cybersecurity consultant
- Reputation management firm
- Legal counsel
Cyber Financial Fraud
Cyber Financial Fraud occurs when one or all of the following result from a cyber attack:
- Funds are stolen from a financial account you own.
- Fraudulent charges are found on a payment card or financial account you own.
- Your U.S. tax refund is paid to someone pretending to be you.
You’re covered for:
- The market value of non-recoverable personal property.
- Legal liabilities owed to third parties resulting from identity loss, theft, or fraud.
- Missing tax refunds, financial account funds, or extra charges on a payment card.
- Costs and fees associated with identity theft and identity recovery services.
Your tax refund is deposited into an account that belongs to a person pretending to be you.
Deceptive Transfer Fraud
Deceptive Transfer Fraud occurs when someone misleads you into transferring personal property, account funds, or other assets to them. The scam is performed by a criminal impersonating a person, business, or organization that you recognize and would reasonably expect to be in contact with for a legitimate purpose.
You’re covered for:
- The market value of non-recoverable personal property.
- Legal liabilities owed to third parties resulting from identity loss, theft, or fraud.
- Missing tax refunds, financial account funds, or extra charges on a payment card.
- Costs and fees associated with identity theft and identity recovery services.
Cyber Breach of Privacy
Cyber Breach of Privacy occurs when private information, personal information, or false information about you is published on the internet, and it:
- Hurts your reputation
- Puts your physical safety or home at risk
- Leads to your:
- Wrongful termination
- False arrest
- Unwarranted discipline by an educational institution
- Inability to attend work or school for more than one week as a result of mental suffering diagnosed by a mental health professional.
You’re covered for:
- Cost of psychiatric services
- Cost of recovery services prescribed by a mental health professional
- Reimbursement for lost wages
- Expenses for temporary relocation
- Fees paid for the following professional services:
- Digital forensic analyst to help with prosecution
- Cybersecurity consultant
- Reputation management firm
- Legal counsel
Cyber Bullying
Cyber Bullying occurs when you are harassed or intimidated more than once involving the use of an electronic device, and it leads to your:
- Wrongful termination
- False arrest
- Unwarranted discipline by an educational institution
- Inability to attend work or school for more than one week as a result of mental suffering diagnosed by a mental health professional.
You’re covered for:
- Cost of psychiatric services
- Cost of recovery services prescribed by a mental health professional
- Reimbursement for lost wages
- Cost of private tutoring
- Expenses for temporary relocation
- Fees you pay to hire the following professional services:
- Digital forensic analyst to help with prosecution
- Cybersecurity consultant
- Reputation management firm
- Legal counsel
Identity Theft
Identity Theft occurs when someone illegally uses your identity or personally identifiable information (PII) without your consent in order to commit fraud or other crimes.
You’re covered for:
Any reasonable and necessary costs to recover, reclaim, and restore your financial identity and credit history, including:
- Notary fees
- Certified mailing fees
- Application fees for denied loans
- Telephone expenses
- Reimbursement for lost wages
- Legal counsel
- Reimbursement for identity theft relief and credit repair/monitoring services
- Additional fees with approval
Cyber Disruption
A Cyber Disruption occurs when you are the victim of a cyber attack that interrupts your:
- Home automation system, affecting your ability to access or live in your home.
- Incidental business or a small side business run from your home.
You’re covered for:
- Cost of psychiatric services
- Reimbursement for lost wages
- Expenses for temporary relocation
- Expenses for temporarily relocating your incidental home business
Electronic Data Restoration
Electronic Data Restoration will pay the cost to restore electronic data damaged by a cyber attack or a cyber failure.
Example: You accidentally download malware embedded in an email and all of the pictures and data on your smartphone get deleted.
Electronic Device Replacement
Electronic Device Replacement will pay to replace or fix an electronic device that is damaged by a cyber attack or a cyber failure while the device is in your possession or on your premises. Coverage does not include upgrading your device.
Example: Your laptop needs routine maintenance, but the computer repair technician accidentally damages the keyboard, rendering it unusable.
