Cyber & Privacy Liability Insurance
What is Cyber Insurance?
Cyber and Privacy Liability Insurance is one of your best forms of defence.
Technology has never been so deeply entwined in our businesses. While it delivers significant efficiencies and convenience, it also comes with significant cyber risks. Many business owners don’t fully understand how their business could be attacked.
The reality is anybody who collects data or uses a computer with the internet is at risk. Something as simple as an employee clicking on the wrong link, sending an email to the wrong person or using a corrupted website could leave your entire system exposed. Cyber Insurance is one of your best forms of defence.
To fully protect yourself and your business, the first steps are to focus on risk management and awareness within your organisation. Simple things such as developing a strong password policy, conducting regular training about cybersecurity, updating IT equipment and security software and creating an incident response plan are essential.
What It Covers
What’s included in your Cyber and Privacy Liability Insurance
Incident response costs
Business income loss
Data restoration
Breach response costs
Notification costs
Legal defence costs
Cyber extortion
Regulatory fines and penalties
Payment Card Industry (PCI) fines, penalties and assessments
Cyber reputational harm
Get In Touch
Make an Enquiry
Call us today or make an appointment to see how we can help you with your general insurance needs.