
cyber
Data breaches come with the territory when you own or operate a business. Even the best network security and anti-virus measures do not immunise your business from viruses and hackers.
Some examples of where your business may be vulnerable are:
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Dependence on a live web presence for generating revenue through e-commerce or e-tailing
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Storing, sourcing or receiving personal information on or via a computer system or network
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The simple act of sending an email or attachment runs the risk of disclosing confidential information or transmitting a virus
Traditional insurance policies may not respond to many of the risks associated with virtual assets and liabilities. Confidential business or client data being leaked or compromised can have very expensive connotations such as the cost of data recovery, system reconstruction, damage to reputation, liability to third parties or an exposure of information to competitors.
Cyber Insurance is a specialised solution that typically provides resources or cover for:
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Defence costs and damages relating to third party claims for breaches of privacy
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The reconstruction of data and the loss of income following a cyber attack on your network
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Costs and expenses for advice and support in repairing reputational damage and loss of customer confidence
Whether you are a business that operates a simple network of computers or a company that manages a complex social media or e-tailing operation, Cyber insurance is both relevant and available to you and the pricing will be structured to fit your risk profile with cover more affordable now than ever before.
One key benefit of Cyber Insurance is the access to a panel of professionals who are available to provide 24/7 reaction to system security, data recovery, crisis management, public relations and legal advice. Would you know where to turn if struck by an incident today?
Our experienced team can help you get the right insurance cover by assessing your specific needs and recommending the best value insurance solution whilst still maintaining the highest standard of cover.
Speak to one of our experienced account managers about
Cyber Insurance today.
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INSURANCE DISCLAIMER
The information is not intended to be advice and should not be relied upon as advice. You should always read your product policy wording carefully before making any insurance decisions.