Cyber
Supporting businesses against online data breaches and hackers, we provide comprehensive cover that protects your business’ reputation and the cost of restoring your online systems should you need to make a claim.
As businesses become ever more reliant on technology, the risk of suffering a loss related to problems with computer systems continues to grow, meaning businesses of all sizes and in all industries could fall victim to a cyber-attack.
A Cyber Risks Insurance policy would usually cover the following costs which you might incur as a result of an incident: cyber extortion costs, breach costs, cyber business interruption, hacker damage costs, PR management, and crisis containment to name a few.
You may need Cyber Risks insurance if you hold sensitive customer data or banking information, or if you are reliant on computer systems to conduct your business, have a website, or are subject to a payment card industry (PCI) merchant services agreement. Damage or unauthorised access to any of these could lead to reputational damage and expensive legal or regulatory costs.
