First-Party Cyber Coverage

First-Party Cyber Coverage

First-Party Cyber Coverage is found in a Cyber Insurance policy. It covers loss directly incurred by the insured organization due to a privacy or network security breach. Examples of first-party cyber loss that may be covered include: lost income due to business interruption and expenses incurred to mitigate a cyber risk, hire a cyber breach coach or notify affected parties are all.
See more under Cyber Insurance.