Cyber liability insurance is a type of business insurance that helps a business become more secure against cyberattacks and data breaches, while covering the costs of such things if they do occur.

Cyber liability insurance often provides resources for businesses such as risk assessments and security audits, training modules, and one-on-one consultations with experts in the field of cybersecurity.

Costs covered by insurance can include the costs of notifying customers of a data breach, repairing compromised or damaged equipment, conducting investigations, litigation and interrupted or lost business profits.