Technology Professional Liability (Tech E&O) The business of technology has become fraught with high-stakes professional liabilities. Constantly evolving technologies, diversifying technology operations and changing legal landscape have made it difficult for technology services providers to mount a strong and cost-sensible assault on the fast-moving perils without expert advise and cutting edge insurance solutions.Technology E&O addresses the risks associated with technology business activities – whether its technology products or services, delivered online or offline. In addition, ancillary exposures such as advertising, sales, in-house counsel and media liability can also be insured. Companies can pick and choose the coverages they need and combine them in one broad, cost-efficient policy with a single limit. Available coverages may include:Technology Errors and Omissions – for errors or omissions related to electronic technology services and technology products.Media Liability – for content published on the Internet, including exposure to claims for defamation, libel, slander, copyright infringement, and invasion of privacy.Privacy Liability - for losses arising out of the organization’s failure to protect sensitive personal or corporate information in any format.Network Security Liability - for losses arising out of the failure of network security, including unauthorized access or unauthorized use of corporate systems, a denial of service attack, or transmission of malicious code.Data Breach Expense - for expenses to retain a computer forensics firm to determine the scope of a breach, to comply with privacy regulations, to notify and provide credit monitoring services to affected individuals, and to obtain legal, public relations or crisis management services to restore the company’s reputation.Network Extortion Threat - for expenses arising out of a criminal threat to release sensitive information or bring down a network.