Professional liability for security consultants, penetration testers, incident responders, and managed security service providers — including coverage for claims arising from security assessments.
Cybersecurity firms face a paradox: they are hired to protect clients from risk, yet their own professional activities create significant liability exposure. A penetration test that causes unintended system damage, a security assessment that misses a critical vulnerability, or an incident response engagement that fails to contain a breach — all can result in substantial professional liability claims. Standard technology E&O policies often have exclusions for intentional acts that can inadvertently exclude legitimate security testing activities. Grandbay Financial works with specialist underwriters who understand cybersecurity professional services.
Cybersecurity firms are often the last line of defense for their clients — and when a breach occurs despite their involvement, they are frequently named in the resulting litigation. Professional liability coverage specifically designed for security services is essential, including coverage for penetration testing activities and incident response engagements.
Professional liability specifically designed for cybersecurity services, including penetration testing and incident response activities.
First-party cyber coverage for the security firm's own systems, data, and business interruption.
Third-party coverage for claims arising from security failures in managed security service operations.
Coverage for content and privacy claims arising from security research publications and vulnerability disclosures.
D&O coverage for cybersecurity firm leadership and board members.
Employee dishonesty and insider threat coverage for firms with privileged access to client systems.
Our technology insurance specialists will design a program tailored to your specific risk profile, client contracts, and regulatory environment.