Cyber insurance

A tailored product specifically designed for SME's to provide protection against cyber events. Cyber security is a growing concern for businesses. Protecting all elements of your IT infrastructure such as - hardware, software, networks and facilities against a cyber event is a business risk worth mitigating.

 

Because of the global interconnectedness and exponential growth of web enabled devices, social media, and the related increase in cyber-criminal and activist behaviour, the risk of cyber-attacks and data breaches is growing fast. With the increasing severity and frequency of breaches, the need for cyber insurance is growing.

 

It doesn't matter what the size of your business is. Handling customer or transaction data, you run the risk that a data breach could give rise to a material financial cost to your business or significant costs relating to third party claims.

Options available to you under Cyber Insurance include cover for a reduction in revenue (similar to business interruption) and the associated costs to manage the impact of a Cyber Event. For more information about Cyber insurance, please contact your local Regional Insurance Brokers office or submit an online enquiry below.