Privacy notification and crisis management expense coverage

{
  "id": "MLC-T-INS-002669",
  "term": "Privacy notification and crisis management expense coverage",
  "field": "Insurance and risk management",
  "definition": "Insurance protection for the costs associated with responding to a data breach or privacy incident. This includes expenses for notifying affected individuals, forensic investigations, public relations, legal counsel, and credit monitoring services. Such coverage addresses the immediate financial impact and reputational damage following a cyber event.",
  "subject": "Cyber and Privacy Liability",
  "url": "https://mlchart.com/terminology/insurance/privacy-notification-and-crisis-management-expense-coverage/"
}