Cyber Liability & Data Risks

Cyber Liability Insurance provides protection for your business from cyber/electronic crime.

The risks and exposures faced are split into two loss categories:

Third party Losses – Costs incurred by your clients, suppliers or any other third party to whom you could owe a duty of care in relation to protection from cyber or data privacy exposures.

First Party Losses – Your businesses own costs incurred following a cyber attack or data privacy issue.

Having good network security and set processes is no longer enough to sufficiently protect your business from the ever-evolving risks you can be faced with.

Cyber Liability & Data Risks Insurance is more than just a policy that simply pays out if your business suffers a loss. Should an incident occur, our insurers will actively work with your business to identify and shut down the vulnerability.

What we cover:

• Business Interruption
• Crisis Management Costs
• Cyber Extortion
• Multimedia Liability (published content)
• Notification & Costs of a Data Breach
• PCI Fines & Penalties
• Rectification Costs (after a malicious/hacker attack)
• Regulatory Awards & Penalties
• Theft/Loss of Data
• Third Party Security Breaches & Associated Losses
• Unintentional Transmission of Virus, Trojan or Malware (which causes a loss to a third party)

To enquire about the insurance that we can provide for you, or if you have a question, please get in touch using the online contact request form.