Grant writers often handle sensitive information — budgets, organizational details, and personal data tied to applications. Cyber liability coverage is generally intended to help respond to events involving the data you store and the systems you rely on.
What it is generally intended to address
- a data incident affecting applicant or client information you hold;
- costs that can follow an event involving compromised systems or accounts;
- certain obligations that may arise after a covered data event.
Exactly what is addressed depends on the policy. In the event of a covered event, this kind of coverage may help with the associated response, subject to the actual policy terms.
When grant writers consider it
Cyber liability may be worth considering if you:
- store client or applicant data electronically;
- handle personal or financial information as part of applications;
- rely on cloud tools and email for most of your work.