Cyber Insurance 101
The cyber insurance course that every broker, underwriter, and risk manager needs!
Understand and be able to explain Cyber Insurance: how and why privacy and security breaches create exposures for companies, what coverage is available under Cyber Insurance, and how to compare coverage between policies. This course also includes a comprehensive coverage analysis guide.
Subtitles available in
English
French
Spanish
Course Overview
Cyber threats continue to escalate, creating significant risks for organizations as privacy and security breaches expose sensitive information and disrupt operations. This course introduces the fundamentals of cyber insurance and explores how coverage helps organizations manage the financial and operational impacts of cyber incidents.
You’ll gain a clear understanding of how and why privacy and security breaches create exposures for companies, what types of coverage are available under cyber insurance, and how policies address risks such as privacy liability, network security incidents, and data breaches. The course also explains how to compare coverage between different policies.
Through analysis of cyber incidents and claims scenarios, you’ll examine how cyber risks affect organizations and how insurance responds when events occur. The course also includes a comprehensive cyber coverage analysis guide—a practical tool students can use to evaluate and compare policy wordings in their professional work. By equipping insurance professionals with the knowledge and resources needed to navigate this evolving landscape, the course helps ensure they remain proficient in contemporary risk areas affecting their clients.
Course highlights
Coverages
Exposures
Claims Scenarios
Policy Analysis
Upgrade
From $35 US a month
Learning Objectives
Upon completing this course, you will be able to:
- Explain what is covered under a standalone cyber policy;
- Describe why and how privacy and security breaches create exposures for companies;
- Illustrate how vulnerabilities create exposure;
- Provide a claims scenario for ransomware, business interruption, and social engineering fraud loss;
- Conduct a policy comparison of critical differences.
Course Curriculum
- Course Introduction
- Downloadable Material
- Cyber Overview: Introduction & Lesson Objectives
- Cyber Overview: Privacy vs. Network Security Breach
- Cyber Overview: What is Private Information?
- Cyber Overview: How does a claim unfold
- Activities & Quizzes Instructions
- Quiz – What is Cyber Insurance?
- What is Privacy Liability?
- Privacy: Legislation Overview
- Privacy Legislation – USA
- Privacy Legislation – Canada
- Privacy Legislation: Europe
- Privacy Legislation Wrap Up
- Privacy: What does this mean for businesses?
- Privacy Liability – A Claim Scenario
- Privacy Liability Quiz
- What is Network Security Liability?
- Network Security Liability – Terminology & Definitions
- Network Security Liability: Claims examples
- Network Security Liability Quiz
- First Party vs Third Party Coverage – Introduction
- First Party vs Third Party under a Cyber Policy
- Main Insuring Clauses in a Cyber Policy: Third Party Coverages
- Main Insuring Clauses in a Cyber Policy: First Party Coverages
- Insuring Clauses Activity
- Computing Definitions
- Claims Example: First Party & Third Party Illustrated
- Basic Policy Overview Quiz
- Introduction to Exposures & Coverage Chapters!
- Introduction to Privacy Breaches Exposure & Coverage
- Privacy Breach Coverage
- Privacy Breach – Examples
- Privacy Breach Quiz
- Network Security Vulnerabilities – Exposures
- Network Security Vulnerabilities – Coverage
- Network Security Vulnerabilities Quiz
- What is Ransomware?
- Ransomware – Coverage
- Ransomware – Activity 1
- Ransomware – Activity 2
- Ransomware – Other considerations
- What is Business Interruption in a Cyber policy?
- Contingent BI, Waiting Hours and Restoration Period
- Business Interruption – An example
- BI & CBI Quiz
- Media Liability Introduction & Definitions
- What is Media Liability?
- Media Liability – Software Copyright & Social Media
- Media Liability Quiz
- What is Social Engineering Fraud?
- Social Engineering Fraud Coverage
- SEF Quiz
- A Claim Scenario
- Case Analysis – Wording Analysis Template
- Case Study Activity
- Course Survey
- Course Wrap Up
- Cyber101Exam
Certifications
This is a required course for the following certification programs:
- Certified Cyber Liability Insurance Professional → LEARN MORE
- Certified Management Liability Insurance Professional → LEARN MORE
Testimonials
Very clear, concise content, delivered in an easy to understand way. Whether an industry vet or just starting out, you will learn something from this course- I did! It’s easy to see how this platform could complement any corporate training program. I’d thoroughly recommend ITC to any L&D manager.
I’m super impressed with the quality of the courses. Graphics are the bomb!!
Great job ITC! Love the cartoons. Complex subject matter presented in a very fun way.
These are the best online insurance training offerings I’ve seen in terms of content and ease of use.
The coverage explanations are comprehensive and straightforward, coverage comparison tips are very helpful, and the claims examples are readily adaptable to real-life client scenarios. The visuals are easy to follow and the succinct course modules allowed me to review the modules on my own timeline- or to go back to modules that I wanted to revisit. Plus, as a very welcome bonus, continuing education credits are available in certain jurisdictions!
ITC Education is the perfect platform for busy insurance professionals to expand their knowledge in bite-size, manageable, easy & informative modules. The subject matter is well researched and presented in an engaging and easy-to-understand format. The modules are set up so that you can zero in on a subset or explore the topic more fully – time permitting. The examples are easily applied to real-life situations.
About ITC courses
ITC takes pride in delivering high quality, unbiased courses on professional and management liability insurance and related topics. Designed specifically for online delivery, our courses are interactive, include activities and quizzes, use practical illustrations and real-life case studies and deliver knowledge in bite-sized portions so even just 5 minutes is learning time well spent.
How we build courses
ITC courses are the product of a collaborative approach. We work closely with subject matter experts to build out course content, the ITC design team brings that content to life, and no course is published before undergoing an intense review by an industry panel. Our process also includes post-publication reviews and updates because ITC is committed to delivering quality courses that remain accurate, relevant and up-to-date, long after they are first published.
Frequently Asked Questions
We provide a digital certificate of completion for all successfully completed courses. Learn how to access your certificate →
We’d love to hear from you! At ITC, we’re always exploring timely and relevant insurance topics to support your professional development. If there’s a subject you’d like to learn more about, let us know. Your ideas help us shape future courses and learning opportunities.
With ITC, you can take any course at any time. For the best learning experience, a prerequisite may be recommended in the course description.
Frequently Asked Questions
We provide a digital certificate of completion for all successfully completed courses. Learn how to access your certificate →
We’d love to hear from you! At ITC, we’re always exploring timely and relevant insurance topics to support your professional development. If there’s a subject you’d like to learn more about, let us know. Your ideas help us shape future courses and learning opportunities.
With ITC, you can take any course at any time. For the best learning experience, a prerequisite may be recommended in the course description.
About ITC courses
ITC takes pride in delivering high quality, unbiased courses on professional and management liability insurance and related topics. Designed specifically for online delivery, our courses are interactive, include activities and quizzes, use practical illustrations and real-life case studies and deliver knowledge in bite-sized portions so even just 5 minutes is learning time well spent.
How we build courses
ITC courses are the product of a collaborative approach. We work closely with subject matter experts to build out course content, the ITC design team brings that content to life, and no course is published before undergoing an intense review by an industry panel. Our process also includes post-publication reviews and updates because ITC is committed to delivering quality courses that remain accurate, relevant and up-to-date, long after they are first published.
Cyber Insurance 101
