Cyber Liability
/ˈsaɪbər laɪəˈbɪləti/
Definitions
- (n.) Legal responsibility arising from harm or damages related to digital activities, data breaches, or cyber attacks.
The company faced significant cyber liability after the data breach exposed customers' personal information.
- (n.) Insurance coverage that protects against losses resulting from cyber incidents.
They purchased cyber liability insurance to mitigate financial risks from potential hacking.
Forms
- cyber liability
Related terms
See also
Commentary
Cyber liability often involves complex issues of data protection, making precise contract language and understanding of regulatory obligations crucial.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.