Liberty Mutual Insurance is now offering its small business customers Data Compromise and CyberOne endorsements for its BOP product.
Small businesses are increasingly vulnerable to data breaches as they often lack risk management resources and adequate system protections and upgrades, which makes them more susceptible to attacks,” said Gary DelBuono, senior vice president, Commercial Insurance, Product Management.
The Data Compromise endorsement carries an annual aggregate limit of $50,000 and is a first-party coverage for expenses resulting from a personal data breach. 
The coverage provides an insured the ability to obtain critical assistance and protections when personally identifiable information has been breached–including costs associated with notifications, credit-monitoring services, identity restoration case management services, and help line services.
The endorsement includes sublimits of $5,000 for both legal and forensic information technology reviews as well as crisis communications services.
CyberOne carries an annual aggregate limit of $50,000 and provides third-party defense and liability coverage for suits and damages resulting from a data breach.
The coverage also carries an additional $50,000 annual aggregate limit that expands first-party coverage for costs associated with data and systems restoration resulting from a cyber attack.
Liberty Mutual also provides policyholders with these coverages complimentary access to eRISK Hub, a data breach portal that offers an Incident Response Plan roadmap and risk management resources for businesses to conduct self-assessment of their cyber risks as well as state-specific data breach notification requirements.
