Cyber Insurance

Shield your business from the ever-evolving threat landscape.

Cyber insurance

How Cyber Insurance Protects You

Cyber threats are a constant reality in today’s digital world, posing significant risks to businesses of all sizes.

A single data breach or cyberattack has the potential to cripple your business operations, resulting in substantial financial losses, severe reputational damage, and even costly legal trouble.

However, what if there was a way to fortify your defences and minimise the impact of these ever-evolving threats? Implementing robust cybersecurity measures and staying vigilant can protect your business from the relentless wave of cyber threats, but even then you are still not 100% safe.

Why have Cyber Insurance?

Breach Response & Recovery

In the event of a data breach, cyber insurance covers the costs associated with forensic investigation, legal defence, credit monitoring for affected individuals, and notification expenses.

Cybersecurity Expertise

Many cyber insurance policies provide access to cybersecurity experts who can help you identify vulnerabilities, develop a response plan, and implement preventative measures.

Financial Protection

Cyber insurance reimburses you for lost revenue due to a cyberattack, including downtime and business interruption. This helps you stay afloat while you recover.

Reputation Management

Cyber attacks can damage your brand reputation. Some cyber insurance policies assist with public relations efforts to rebuild trust and minimise reputational harm.

Essential Protection From Cyberattacks

What does cyber insurance cover?

Data Breach Response Costs:
Notification costs to inform affected individuals, credit monitoring services for affected customers, and legal fees associated with compliance and litigation.
Business Interruption Losses:
Compensation for lost income due to a cyber incident disrupting business operations and costs incurred from additional operational expenses needed to restore normal business activities.
Cyber Extortion and Ransomware:
Payments demanded by hackers in ransomware attacks and costs associated with negotiating and handling extortion threats.
Legal and Regulatory Expenses:
Legal defence costs arising from lawsuits related to the cyber incident and fines and penalties from regulatory bodies due to non-compliance with data protection laws.

Don’t Be a Target

A single cyberattack can cripple your business. Be prepared.

For more information on cyber insurance and how it can protect you, contact our team today.

Call Now: 01708 855141