Cyber liability insurance protects companies from exposures encountered when communicating or conducting business online, like breaches of privacy, infringement or misappropriation of intellectual property, employment discrimination, violation of obscenity laws, computer viruses transmission and defamation. Any business that does Internet commerce, has a Web site or stores sensitive electronic information on a network can benefit from a cyber liability insurance policy; however, it is most applicable to technology, financial service and health care companies.
