Cyber Liability Insurance – Privacy Breach Response Coverage

A privacy breach that exposes sensitive customer information can be high-impact for all businesses. But it can be especially devastating for a small business, causing significant financial strain and irreparable harm to your reputation. So, what are the odds of a breach happening at your business?

Your odds of experiencing a privacy breach are 1 in 4.

Those are terrifying odds! You need to be prepared for a breach, understand how to respond, and be proactive to reduce the impact on your bottom line.

Privacy Breach Response Insurance Coverage

Society’s cyber liability insurance provides coverage for privacy breach response costs, notification expenses and breach support credit monitoring expenses. This includes reasonable mitigation costs and expenses incurred as a result of a privacy breach, security breach or adverse media report – like legal expenses, public relations and advertising expenses, information technology (IT) forensic expenses, postage, and the cost to provide call centers, credit monitoring and identity theft assistance.

Consider this scenario: A programming error within the computer system at a mid-size chain of restaurants allows customer information to become publicly visible on the internet and approximately 8,700 customers are affected. The costs associated with this breach include customer notification costs, IT forensic expenses, legal fees and public relations expenses, all totaling more than $125,000. This would be covered by your Society cyber liability insurance policy.

To learn more about this important coverage and other small details that make a big difference, contact your local Society Insurance agent.

There is no time like the present to educate yourself and your employees on the importance of data security.


As a mutual insurance company, we operate and exist for the benefit of our policyholders. For more than 100 years, Society has been helping businesses overcome the unexpected with comprehensive coverage packages and outstanding claims handling, underwriting and risk management.

Latest Articles

The Benefits of Active Listening in the Workplace

When people on a team struggle to listen to each other,...

Can You Use FMLA for Mental Health?

The Family and Medical Leave Act (FMLA) guarantees qualified workers the right to unpaid leave for...

Why Remote Teams Need Inclusive Workplace Practices

For most businesses, remote work is now a way of life in some capacity. Advances in technology and...

How to Motivate Employees as a Manager During Uncertain Times

As a manager in the restaurant industry, it can be challenging to motivate your employees during...

3 Reasons Why Authenticity in the Workplace Matters

Regardless of industry, a business is only as strong as its employees. Even the best products,...

Top Advice For Graduates Trying to Start a Career

As of 2020, there is an average of over 4 million students who have graduated from colleges in the...


Originally published January 29, 2019, updated January 18, 2023. Many parts of the country are no...

A Guide to Safe Keg Handling

At one time or another, almost everyone who works in the restaurant and bar industry has been...

2022 Year in Review

Society Insurance is committed to providing blog posts to help business owners optimize daily...

Stay up to date with industry updates by subscribing to the Society Insurance blog!