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Insurance-Related Terms Explained (in Plain English)

Liability Coverage in a Cyber Policy
Cyber liability coverage refers to the third-party coverage component on a cyber insurance policy. Unlike many other types of insurance, a cyber insurance policy includes both first- and third-party insuring clauses.
Third-Party Insurance: Understanding Liability Coverage & How it Works
'Third-party insurance' refers to insurance designed to cover loss incurred by the insured party as a result of their legal liability to a third party.
Insurance binder
An insurance binder is a legal document that provides temporary proof of coverage when the final insurance policy documents have not yet been issued.
Media Liability Insurance
Media liability insurance protects an organization against loss from claims arising from the content it creates, publishes, or distributes, both online and off. 
What is Cyber Extortion?
Cyber extortion is  a form of cybercrime where attackers threaten to damage, disable, or release a victim’s digital assets, such as data, systems, or networks, unless a ransom is paid or a demand met.

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