CYBER OR DATA LIABILITY INSURANCE

 

Data and systems are key assets for most companies because without them you cease to exist.

From a lost device to a more deliberate cyber-attack, our Cyber Insurance offering, can provide your business with access to expert knowledge and resources to effectively manage and recover from a cyber incident.

What are the benefits of Cyber Liability Insurance?
Designed to cover the resultant costs and damages from a privacy breach or a network security breach, a cyber insurance policy covers what has previously been uninsurable providing comprehensive first and third-party coverages with an expert incident response process.
 

Far broader than the name cyber would imply, our policy extends to cover numerous incidents including but not limited to:

• Physical data theft and loss (both devices and physical hard copy data).

• Cyber extortion and malware (viruses, ransomware, or publishing of stolen data).

• Denial of service (disruption to operations).

• Downstream attack (a compromise of your environment resulting in damages to others).

• Hacking.

• Insider and privilege misuse (unauthorised access and use of systems and data by employees and service providers).

• Threats posed by third-party access into a client environment.
   

While Cyber Liability Insurance does NOT replace good IT security practices, a cyber liability policy does provide a safety net to protect you, your business and your patients.
 

Why is our offering different?
Our cyber insurance offering includes a defined incident response process including a wide range of experienced specialists with a local presence as well as global experience and expertise.
 

Key areas of experience and expertise:

• IT response costs to understand, mitigate and recover from the incident

• Crisis communications and public relations costs, to reduce potential reputational damage and customer churn

• Notification and remediation services, to prevent affected parties from suffering further damages

​For more detailed information, including minimum IT requirements, and which of our options would suit you best, please get in touch with our team.