Cyber Liability
How prepared is your business from a cyber attack?
Cyber liability insurance is a critical safeguard for businesses in today's digital landscape, providing financial protection against the potentially devastating consequences of cyberattacks and data breaches. Tailored to address the evolving threats posed by cybercrime, this insurance coverage helps businesses recover from incidents such as data theft, ransomware attacks, and network disruptions.
By mitigating financial losses and assisting with recovery efforts, cyber insurance enables businesses to navigate the complex challenges of cybersecurity with confidence, ensuring resilience and continuity in the face of cyber threats.
Flexible coverage for your business.
Can cover/protect:
Data breaches and privacy liability
costs arising from unauthorised access, loss, or theft of personal or confidential data
Cyber extortion and ransomware
payments, negotiation costs, and expert support following extortion threats
Business interruption
loss of income and extra expenses caused by a cyber event that disrupts operations
System damage and data restoration
costs to repair systems, recover or recreate data, and restore networks
Legal defence and regulatory costs
legal expenses, fines (where insurable), and penalties resulting from investigations or proceedings
Notification and crisis management
expenses for notifying affected parties, credit monitoring, public relations, and reputational management
Cyber crime and fraud
losses resulting from hacking, social engineering, or electronic theft
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