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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.

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Cyber Liability Insurance

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
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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