Protect your business with Cyber insurance
Cyber insurance, also known as Cyber Liability insurance, helps your business bounce back from incidents involving cyber criminals and hackers. If your business relies heavily on data and technology to keep things moving, this type of protection is non-negotiable. Here’s why…
What is Cyber insurance?
Cyber insurance is designed to protect your business from the financial losses and liabilities from cyber attacks and data breaches.
Why do I need Cyber insurance?
It’s standard practice for businesses to store their data online. Though convenient, this opens the door to potential risks from hackers and cyber criminals. That’s where Cyber insurance steps in. It’s not just a nice-to-have – it’s a must.
As you propel your business forward, protecting your (and your customers’) sensitive data is key. Data breaches, ransomware attacks, and other cyber threats can strike at any moment – risking both your financial health and reputation. Ultimately, having robust Cyber insurance in place can mean the difference between continuity and collapse.
What does Cyber insurance cover?
Cyber insurance provides crucial protection for your online activities. It covers a range of risks associated with cyber threats and data breaches – helping you safeguard your business and financial assets. Typically, Cyber insurance includes:
.png?width=75&height=75&name=webpages%20(68).png "Shield with a padlock in the center, representing protection and security measures for data breaches.")
Data breach response
Any expenses related to investigating and mitigating the effects of breaches, including notifying affected parties
.png?width=75&height=75&name=webpages%20(73).png "Document with a heart symbol and a pen, illustrating legal coverage and responsibility for data-related issues.")
Liability
Shields against legal costs from lawsuits related to data breaches
.png?width=75&height=75&name=webpages%20(71).png "Profile of a head with a checkmark, symbolizing recovery and verification of lost or compromised data.")
Data restoration
Helps recover lost or compromised data
.png?width=75&height=75&name=webpages%20(69).png "Computer monitor with a padlock, indicating protection against ransomware attacks and unauthorized access.")
Ransomware
Covers ransom payments and recovery costs
.png?width=75&height=75&name=webpages%20(70).png "Building with a clock, representing compensation for income losses caused by operational disruptions.")
Business Interruption
Compensates for income losses caused by disrupted operations
-1.png?width=75&height=75&name=webpages%20(72)-1.png "Network nodes connected to a central padlock, symbolizing defense against threats to release sensitive information.")
Cyber extortion
Protects against threats to release sensitive information
Picture This...
You’ve built a cutting-edge data processing solution, and it’s the backbone of countless businesses. But when a ransomware attack locks critical data – threatening to publish sensitive personal information online – your reputation and everything you’ve worked for is at risk.
You get in touch with your insurer, who provide the essential immediate incident response specialists to assess the extent of the breach, isolate the affected systems, and kick-start the recovery process. The swift process minimises interruption to your customers, keeping your reputation intact.
Contact us
Take your next step.
If you’re interested in how we can help or just want to introduce yourself, get in touch. We’re always happy to talk. Alternatively you can book a meeting with one of the team using the Capsule Calendar.