Which Policy Pays After a Cyber Event?
The Risk Intelligence Report reads your cyber insurance, fidelity bond, and D&O policy together and shows you where coverage holds, where it fails, and what to fix.
Policy Interaction Map
Every red cell is a coverage gap your bank owns today. Every yellow cell is coverage with inadequate sublimits or conditions.
| Incident | Cyber Policy | Fidelity Bond | D&O Policy |
|---|---|---|---|
| Ransomware Attack | Covered | – | – |
| Wire Transfer Fraud | – | Sublimited with conditions | – |
| Core Vendor Breach | Sublimited | – | – |
| Data Breach – Loss to the Bank | Defense costs erode limit | – | – |
| Data Breach – Claims Against the Board | No board coverage | – | Cyber claims excluded |
Based on community bank and credit union policy reviews conducted in spring 2026.
From a Recent Audit
Gap: Most D&O policies exclude claims "arising out of" a cyber incident. That means, if a data breach triggers an FDIC enforcement action or a lawsuit, the board has zero D&O coverage.
Impact: The policy your directors believe protects them will not respond.
Fix: Request removal of the cyber exclusion, or negotiate an exception for regulatory proceedings and shareholder claims.
A credit union in the Northeast discovered its fidelity bond carried a 50% co-payment on wire fraud claims. On a $2 million loss, the bond would pay less than $1 million.
The board had never been told.
Uninsured exposure: Up to $1.5 million per incident.
Every Risk Intelligence Report identifies gaps like this, with dollar amounts and specific fixes.
See how these gaps play out across five common incident types.
What You Get
Each policy tested against five real incident scenarios. Not just limits and retentions, but the exclusions, sublimits, and warranty conditions that determine whether a claim gets paid. Your broker reviews each policy separately. This reads them together.
Like the table above, but built from your actual policies with dollar amounts. Shows exactly where carriers will point at each other and where the bank holds the loss.
Specific fixes ranked by exposure. What to change at renewal, what language to request, and what to ask your broker. Not a list of recommendations. A script for the conversation.
Findings documented in dollar terms with policy citations. Ready for your next board review, audit committee meeting, or regulatory examination.
How It Works
Share your cyber, fidelity bond, and D&O policies. I handle the rest.
Line-by-line analysis against real incident scenarios. Every policy read together, not in isolation.
A written report with every finding in dollar terms, plus a 30-minute walkthrough.
A Claim Will Test Your Coverage
Flat fee in the low four figures. No retainer, no hourly billing. No commitment required.
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