Cyber Liability

What is cyber liability insurance?

We live in strange times. Our world is far more technologically advanced then it ever has been and there are no signs of it slowing down. With the proliferation of AI, technology and cloud systems comes with unfortunate cyber criminals. Cyber criminals account for a large portion of identity theft and you do not want to be stuck in the cross hairs of such activity. In the past couple years, data breaches have resulted in major fines and legal fees – not to mention headaches – for a discount retail chain, one of the nation’s largest banks, a well-known health insurer, an entertainment network and the federal government.

Small businesses are also most vulnerable to cyber threats because they may lack the infrastructure or funding to implement such systems. 


Did you know that 55% of small businesses have experienced a data breach and that 53% have had multiple breaches? 

One data breach can damage more than just your small-business computer system – it also can damage your reputation and put your customers and/or employees at risk. That's why cyber insurance can be a smart precaution for any size business.

What is cyber insurance?

Cyber insurance generally covers your business' liability for a data breach involving sensitive customer information, such as Social Security numbers, credit card numbers, account numbers, driver's license numbers and health records.


Won’t my general liability policy cover cyber liability?

General liability insurance covers bodily injuries and property damage resulting from your products, services or operations. Cyber insurance is often excluded from a general liability policy.


What does cyber insurance cover?


  • Besides legal fees and expenses, cyber insurance typically helps with:

  • Notifying customers about a data breach

  • Restoring personal identities of affected customers

  • Recovering compromised data

  • Repairing damaged computer systems

  • Most states require companies to notify customers of a data breach involving personally identifiable information– a process that can be very expensive. Even though most states don’t require companies to offer free credit monitoring following a breach, such a gesture goes a long way with public relations.

Cyber insurance from Kerr Payroll Solutions

Kerr Payroll Solutions, together with HISCOX, Nationwide, Hartford, Liberty Mutual and many other carriers, offers cyber security coverage and services to small business owners.


We offer three cyber insurance coverage's and services:

  1. Data compromise protection, which includes credit monitoring and services provided by a public-relations firm.

  2. Identity recovery protection, which helps victims of identity fraud restore their credit history.

  3. Cyber protection, which protects your business against damage caused by a virus or computer attack, as well as helping with the cost of restoring and recreating data.

About Kerr Payroll

Start Today


Payroll, tax services, retirement plan administration and business consulting services provided by Kerr Payroll Solutions, LLC. Kerr Payroll Solutions, LLC is not a CPA firm or an investment advisory firm. Insurance services provided by Kerr Insurance Brokers, Inc. Additional fees may apply subject to change at Kerr Payroll Solutions, LLC discretion. For a complete list of The Kerr Companies services please visit us at:


© 2020 Kerr Payroll Solutions, LLC

  • Kerr Payroll Solutions, LLC