Question

In: Finance

Cyber liability insurance covers technology-related risks such as those arising out of e-commerce typically excludes coverage...

Cyber liability insurance

covers technology-related risks such as those arising out of e-commerce
typically excludes coverage for expenses associated with a data breach.
typically excludes coverage for damage to data caused by a computer virus.
all of the above.

Solutions

Expert Solution

cyber liability insurance includes coverage foe expenses with data breach.

data breach is loss of personal information of customers ,their credit card numbers, their private information. it includes the costs that were incurred by the business for recovery of information lost in a data breach.

it includes the damage caused by computer virus, loss of data, disruption of work due to external access to data.

it covers the technology related risks of e commerce , such as loss of customer information , anti virus, anti-spam, spread of a malacious code, software . cyber security and insurance plays a big part in cyber security in e -commerce business .the credit card information stored of the customers makes the business highly susceptible to data breach.

so the correct option is option a.


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