Cyber Insurance
There is no better time to take another look at how cyber liability insurance can help you.
Think You’re too Small to get Hacked?
It's usually big businesses like Uber, Pizza Hut, Yahoo, Equifax and Bupa that you hear about in the news[1] but small and medium-sized businesses face the same threat of being hacked. According to a recent report, cyber-attacks are now seen as the single biggest threat to UK businesses[2], yet only 10% of SMEs have insurance cover in place should the worst happen[3].
Cyber insurance cover isn’t always included under your existing business insurance policy and you may need to take out a separate policy to provide the cover you need.
How Cyber Insurance Can Help
We have a range of comprehensive cyber solutions available, which includes more than just helping to resolve the “hacking” itself, but provides emergency response in the event of an incident. We can help to protect against unexpected cyber crime and we’ll make the whole process quick and easy.
What Would Happen if Your Data was Accessed or Stolen by Hackers?
You could be faced with:
- The cost of restoring, updating, recreating or replacing lost or damaged digital assets.
- Loss of income whilst a breach prevents you from carrying out business as usual.
- Reputational damage leading to loss of customers and income.
- Civil court costs and damages associated with the impact of a breach on third parties.
- Regulator investigation and defence costs, as well as potential fines.
- The legal, postage, and advertising costs of notifying those affected by the cyber crime.