Cyber Liability Cover
What does a cyber liability insurance policy cover?
Protect your business from virtual threats like loss of important data or malicious hackers attempting to steal confidential information.
Get a quote Retrieve a quoteCyber Liability Insurance
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Protection against cyber security risks in the areas of:
- Recovery of data in the event of a security breach
- Dedicated cyber security cover against digital threats
- Protection against theft of intellectual property in the event of a cyber attack
- Immediate response from experts within 1 hour of notification of an incident
- Deployment of IT Forensics - provided by KPMGs Response
- Legal Response & PR Consultancy - to contain damage to reputation
- Costs of notifying those people affected
- Insurable fines and penalties by data protection regulator
- Network Interruption - loss of net profit - optional
- Cyber/Privacy Extortion - response and ransom payments - optional
- Digital Media Liability - breach of intellectual property rights - optional
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Defence costs and cover damages against:
- Breach of personal or corporate data
- Contaminating someone else's data with a virus
- Theft of systems access code
- A negligent act or error by an employee
Why cyber liability insurance?
- Computers and IT assets in any business are critical to the day-to-day running of the business
- 3rd party data information you hold is valuable and you can held liable if the data is lost
- Cyber related crime is the fastest growing in the world with hackers now targeting all of types of businesses including government agencies and companies
- Hackers and viruses do not target only one or few type of business they target any business within any sector
- Notifying customers of a breach costs time and money and require technical IT expertise
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