September 15, 2014 by Canadian Underwriter
Aviva Canada has launched a new privacy breach package, including insurance coverage and risk management offerings to Canadian businesses.
Launched in partnership with data risk management service provider IDT911, the package includes breach counselling, crisis management, notification assistance, legal support and optional services available directly from IDT911.
Aviva’s liability coverage reimburses business owners for legal costs and damages resulting from a third party claim or lawsuit due to a privacy breach.
“A privacy breach can happen easily – a stolen laptop, the misplacement of a memory stick, an online system gets hacked or a back-up drive goes missing,” Peter Silk, vice president of commercial lines underwriting for Aviva Canada noted in a company statement.
“These scenarios are all too common and some of the world’s largest businesses – with multiple levels of security, have been affected. The key for our clients is knowing what to do when a breach occurs and getting help with the various provincial requirements.”