ABA Insurance Services introduces a NEW Cyber Program for banks

ABA Insurance Services is excited to announce the launch of our new cyber and privacy liability insurance policy, Cyber Cover. We are also introducing Cyber Care, a cyber information center and gateway to special customer only data breach and loss control resources.

Click to see an overview of our new Cyber program.

Cyber Cover is a full-scope policy built from the ground-up to include unique features that provide affirmative coverage for today’s cyber and privacy exposures. It addresses current issues such as cloud storage, breach response, social media activity, and service providers. Optional coverage for first party breach response expenses is available up to a $1 million limit.

Cyber Care is an open cyber information center with one-stop access to coverage applications, specimen forms and cyber news articles from a variety of sources. Cyber Care is also the gateway to the customer-only data breach and loss control resources of Cyber844.

Resources for Cyber Cover and Internet Banking insureds
Cyber844 is a password protected web portal that contains bank-specific loss control information and actionable post-breach incident response content. It is also the access point to a 24/7 data breach hotline staffed by one of the nation’s leading law firms, BakerHostetler.

The 24/7 breach hotline offers insureds a free one-hour post-breach consultative call in the event of an actual or suspected breach. Callers to the data breach hotline will receive expert guidance that can help minimize liability and protect reputations.

Please note that Cyber Cover is only available in approved states. However, the resources of Cyber844 and the data breach hotline are available immediately to all insureds that purchase Cyber Cover or have an existing Internet Banking Liability policy.