Cyber Insurance

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As technology continues to develop and become more sophisticated, so do the potential cyber threats that your business could be exposed to. The number and severity of data breaches is rapidly rising, so it is essential for both businesses and their customers to be protected by a cyber insurance policy against the cyber liabilities that they face.  

Cyber Insurance can cover expenses that businesses may incur because of a cyber related incident. This can include:  

• Data loss and restoration  
• Business interruption loss due to a network security failure  
• Liability due to failure to maintain confidentiality of data  
• Network or data extortion

Any business in any industry can potentially face a breach of sensitive customers, employee or business information. Cyber protection can help organisations get back to business after a cyber attack or a data breach.   

Standard business insurance products don’t cover for cyber breach or data loss. Cyber Insurance goes beyond traditional liability and property insurances which were not developed to address the risks involved with internet exposure. 

Contact us for more information.