For the most part, many will assume that the normal coverages in the Beazley's cyber insurance policy (BBR) will apply for the Equifax tower. But what is not yet clear is how these limits will be allocated to the lawsuits and regulatory actions (a.k.a. the liability component) versus breach response costs (a.k.a. first party costs). Regardless, $130 million is likely to come up short compared to the total cost of the event when all said and done. A Bloomberg article stated as much when they reported that the cyber policy Equifax has in place was " likely inadequate to cover the credit-reporting company's costs ". This was further justified from the Equifax statement: