Cybersecurity

Your healthcare entity is a hub of confidential and personal medical information you use while treating patients. This information is among the most valuable types of data stolen by cyber attackers. Cybersecurity infractions can result in substantial fines for healthcare entities.

Your medical professional liability policy provides you with CyberAssurance® Plus coverage at no additional charge. This coverage helps give you more control and lessen daily uncertainties.

CyberAssurance Plus for Physicians, Hospitals and Facilities

Your CyberAssurance Plus coverage provides protection against risks associated with cyber threats. These critical coverage enhancements are included in physician, hospital, and facility policies:

• Multimedia Liability—for claims alleging copyright/trademark infringement, libel and slander, plagiarism, and personal injury resulting from the dissemination of media material.
• Security and Privacy Liability—for losses and defense costs associated with a wrongful act resulting in a breach.
• Privacy Regulatory Defense and Penalties—for regulatory fines and penalties and/or a regulatory compensatory award, and defense costs from security or privacy breaches.
• Network Asset Protection—for loss of digital assets through damage, alteration, corruption, distortion, theft, misuse, or destruction. Plus failure of the computer system and nonphysical business interruption and extra expenses.
• Cyber Extortion—for expenses incurred and monies paid for a threat.
• Cyber Terrorism—for income loss, business interruption expenses, and special expenses incurred from a total or partial interruption of the computer system.
• Payment Card Industry Data Security Standard (PCI DSS) Assessment—for claim expenses, assessments, and fines imposed by banks and credit card companies from noncompliance or payment card company rules.
• BrandGuard^®—for lost revenue as a result of an adverse media report, or customer notification of security or privacy breaches.

CyberAssurance Plus also provides expanded coverage for privacy breach response costs, patient notification expenses, patient support, and credit monitoring:

• Proactive Privacy Breach Response Costs—for public relations expenses incurred from a breach before an incident occurs. This can avert or mitigate the potential impact an adverse media report can have on your reputation.
• Voluntary Notification Expenses—for expenses incurred to notify affected parties of a privacy breach.

Understanding what is covered in your medical professional liability policy is important for healthcare professionals who are worried about cyber risks. To learn more about your cyber coverage options, contact your ProAssurance agent.

You want to protect your identity and personal information from the threat of cybercrime. Individual physicians can apply for ProSecure, ProAssurance’s suite of products underwritten by Tokio Marine HCC – Cyber & Professional Lines Group. ProSecure's higher limits and additional coverages pick up where your policy’s CyberAssurance Plus protection ends. This enhanced coverage includes:

• System failure coverage
• Cybercrime—$100,000 sublimit, $2,500 retention
• Coverage for loss of money or securities incurred due to financial fraud, including:
• Wire transfer fraud;
• Charges incurred for unauthorized calls resulting from the fraudulent use of the insured’s telephone system
• Expenses incurred to notify customers of phishing schemes, or emails that impersonate the insured or the insured’s brands, products, or services
• Reimbursement costs for loss sustained from phishing schemes

ProSecure also offers optional coverages like Breach Event Costs and Claims Expenses Outside the Limit for an additional premium.