One type of liability insurance covers damages arising from the failure of a data holder to protect private information from being accessed by an unauthorized party.This type of liability coverage is called

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Cyber liability insurance specifically covers damages related to data breaches and unauthorized access to private information. Errors and omissions insurance covers mistakes made in professional services, terrorism insurance covers damages related to terrorist acts, and employment-related practices liability insurance covers damages related to employment practices such as discrimination and wrongful termination. None of these types of insurance specifically address cyber liability issues.

One Type of Liability Insurance Covers Damages Arising from the Failure