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CYBER LIABILITY

The healthcare industry is more challenged today by data breach than it has been at any other point in history. You'd like to think losing patient information will never happen to your business, but unfortunately, it can. MedPLUS offers coverage options that can mitigate the devastating financial and reputational effects of a data breach. Depending on the insurance carrier, coverage may include the following:

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Liability Coverage Components

  • Security and privacy liability

  • Privacy breach response costs, notification expenses and breach support, and credit monitoring expenses

  • Network asset protection

  • Coverage for lost revenue as a result of an adverse media report or customer notification

  • Multimedia liability

  • Cyber extortion

  • Privacy regulatory defense and penalties

  • Cyber crime

  • Dependent business interruption

  • Coverage for claim expenses, assessments, and fines imposed by banks and credit card companies due to
    non-compliance with payment card industry data security standards

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Breach Response Services

  • Legal counsel services

  • IT security and forensic experts

  • Public relations and advertising support

  • Breach notification to patients

  • Credit monitoring services for affected patients

  • Call center and website support

Please Contact Us so we can work together to determine which product and provider is best suited to protect your business from data breach.

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