HARTFORD, Conn.–(BUSINESS WIRE)–The Hartford today announced the launch of CyberChoice First ResponseSM,
an admitted cyber liability product that helps businesses protect
against cyberattacks in an effort to limit the damage to their bottom
lines and reputations.
“With the average cost of a data breach exceeding $3 million1
and businesses continuing to adopt new technologies, business owners are
increasingly concerned about where their protection will come from,”
said Tim Marlin, head of cyber underwriting at The Hartford. “With
CyberChoice First Response, we have a comprehensive insurance solution
to help insurance producers and their clients ensure they have
appropriate coverage in the ever-changing and often confusing cyber
threat landscape.”
CyberChoice First Response offers several options for customization, and
can include coverage and services to help businesses overcome the
significant challenges resulting from a cyberattack, including data
privacy and network security, media, ransomware, and business
interruption. The policy…
