Cyber risk is now a standard business risk Canada’s Personal Information Protection and Electronic Documents Act (PIPEDA) requires organizations to safeguard personal data and report breaches. Cyber insurance often includes coverage for ransomware payments, system restoration costs, and third‑party liabilities from privacy breaches. Technology errors and omissions coverage can protect against claims alleging failure of your product or service to perform as intended. Regulators may impose fines for non‑compliance with anti‑spam legislation (CASL) and privacy laws, which can be covered under certain cyber policies.
Overview Even small teams rely on cloud systems, email, payment processors, and customer data. A single incident can create legal obligations, downtime, and customer trust issues. Canada’s Personal Information Protection and Electronic Documents Act (PIPEDA) requires organizations to safeguard personal data and report breaches. Cyber insurance often includes coverage for ransomware payments, system restoration costs, and third‑party liabilities from privacy breaches. Technology errors and omissions coverage can protect against claims alleging failure of your product or service to perform as intended. Regulators may impose fines for non‑compliance with anti‑spam legislation (CASL) and privacy laws, which can be covered under certain cyber policies.
Why traditional policies often fall short Canada’s Personal Information Protection and Electronic Documents Act (PIPEDA) requires organizations to safeguard personal data and report breaches. Cyber insurance often includes coverage for ransomware payments, system restoration costs, and third‑party liabilities from privacy breaches. Technology errors and omissions coverage can protect against claims alleging failure of your product or service to perform as intended. Regulators may impose fines for non‑compliance with anti‑spam legislation (CASL) and privacy laws, which can be covered under certain cyber policies.
Cyber Risks • Property policies focus on physical damage and may not respond to digital events • Liability policies may not cover privacy and network security allegations • Business interruption may not trigger without covered physical loss • Canada’s Personal Information Protection and Electronic Documents Act (PIPEDA) requires organizations to safeguard personal data and report breaches. • Cyber insurance often includes coverage for ransomware payments, system restoration costs, and third‑party liabilities from privacy breaches.
What cyber coverage can provide Canada’s Personal Information Protection and Electronic Documents Act (PIPEDA) requires organizations to safeguard personal data and report breaches. Cyber insurance often includes coverage for ransomware payments, system restoration costs, and third‑party liabilities from privacy breaches. Technology errors and omissions coverage can protect against claims alleging failure of your product or service to perform as intended. Regulators may impose fines for non‑compliance with anti‑spam legislation (CASL) and privacy laws, which can be covered under certain cyber policies.
Key Policies • Incident response support such as legal and forensic resources • Notification and regulatory related costs where required • Business interruption and extra expense tied to a covered cyber event • Third party claims tied to privacy, security, or network failures • Canada’s Personal Information Protection and Electronic Documents Act (PIPEDA) requires organizations to safeguard personal data and report breaches.
Talk to Boardwalk Canada’s Personal Information Protection and Electronic Documents Act (PIPEDA) requires organizations to safeguard personal data and report breaches. Cyber insurance often includes coverage for ransomware payments, system restoration costs, and third‑party liabilities from privacy breaches. Technology errors and omissions coverage can protect against claims alleging failure of your product or service to perform as intended. Regulators may impose fines for non‑compliance with anti‑spam legislation (CASL) and privacy laws, which can be covered under certain cyber policies.
Regulatory Considerations If you want to understand your cyber exposure in plain terms, we can review your operations and recommend coverage that matches your real dependency on systems and data. Canada’s Personal Information Protection and Electronic Documents Act (PIPEDA) requires organizations to safeguard personal data and report breaches. Cyber insurance often includes coverage for ransomware payments, system restoration costs, and third‑party liabilities from privacy breaches. Technology errors and omissions coverage can protect against claims alleging failure of your product or service to perform as intended. Regulators may impose fines for non‑compliance with anti‑spam legislation (CASL) and privacy laws, which can be covered under certain cyber policies.
