Cyber Insurance

Like most other businesses owners, you’ve probably taken advantage of the efficiency that information technology allows. Along with the convenience of the digital age comes an increased risk to your business. Customer records, employee data, day-to-day operational details and much more are now easily accessible and transferrable digitally. A cyber attack or data breach could mean the loss of data and systems, a threat to your intellectual property, putting your customers’ personal information at risk and major damage to the reputation of your company.

Cyber Insurance is a tailor made product that provides comprehensive cyber liability insurance coverage and covers expenses a business may incur arising out of unauthorised use of, or unauthorised access to, physical and electronic data or software within your business or organisation’s computer network.

Cyber Insurance can help cover financial losses to your business, your customers and other parties following a cyber security breach. Every business that has a website or electronic records is vulnerable to cybercrime or an accidental data breach.

What can it cover?