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November 9, 2009

The Hartford Enhances Cyber Liability Policy

To offer broader coverage for data privacy breaches and social media liability exposures

By CBR Staff Writer

The Hartford Financial Services Group (The Hartford) has introduced its enhanced flagship cyber liability policy to address emerging online reputation and privacy exposures .

Drew Bartkiewicz, vice president of cyber and new media risk at The Hartford, said: “We’re seeing widespread adoption of social media technologies among businesses in virtually every industry. At the same time, data is becoming increasingly regulated, which is creating new exposures, particularly in the areas of data privacy and reputational risk.”

With CyberChoice 2.09, The Hartford now offers broader coverage for data privacy breaches and social media liability exposures, such as online defamation, advertising, libel and slander, by employees or casual users of a company’s web site.

CyberChoice 2.09 offers businesses the ability to choose coverage based on their needs, claims the company. The coverage options are data privacy, E-media and internet liability, network security, infringement of Intellectual Property (IP) rights, network business interruption, cyber investigation expense and cyber extortion.

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