Ensure the protection and resilience of your organisation by implementing a comprehensive cyber insurance policy that covers a broad spectrum of potential risks and ensures financial security in the face of unforeseen cyber threats.
In today’s world every business relies on IT, when systems or equipment fails or you cannot access your network due to a cyber incident, your business can sustain the following losses:
A comprehensive Cyber Insurance policy will protect your business against these exposures, a business should have a comprehensive cyber policy if they:
A good Cyber Insurance policy provides cover for losses relating to IT system and network damage, including loss of information from these. It will also provide assistance and support with the management of the incident itself, which is a major benefit when your business is faced with reputational damage or regulatory enforcement. Under the General Data Protection Regulations (GDPR) 2018, this new law made several changes:
Cyber & Data risks fall into first party and third party liability.
First party liability is the businesses own assets:
Third party liability covers the assets of others, which is typically the businesses customers:
Learn more about our cyber insurance policy services by clicking the button below and see how we can help prepare and secure your organisation today.