
Cyber Liability Insurance
Cyber crime as you may have seen in the press recently is becoming more and more common. With experts now predicting all businesses should expect a hack when rather than if!
On this basis, it’s imperative that you protect your business from this costly crime which could have the power to bring your business down if you are not properly protected.
Cyber liability can protect your business against:
Data Breaches
Where information/date is accessed without authorisation
Security Failure
A hacker exploiting weaknesses in your IT system
Cyber Attacks
Any digital attack against your business be it a website or server etc.
Human Errors
Mistakes made by staff or suppliers that result in data breach or system outages
Extortion
Criminals holding your systems or data to ransom
Business Interruption
Covering the loss of income that you may suffer from a cyber attack as this wouldn’t normally be covered under a traditional policy
GDPR
Covering the liabilities and the cost of defending regulatory investigations after any alleged breach of data protection legislation
Reputational Damage
Includes public relations and crisis management support
Property Damage
Physical damage to equipment or property resulting from a cyber attack
Dependant Business Interruption
Covering the lost revenue or increased costs incurred if a suppliers systems are taken offline by a cyber incident
Almost every business should consider having this cover, especially if:
- You hold customer or employee data such as names, addresses, bank details, passport copies etc
- You use a computer to operate
- You have a website
- You take payments via card
- You store data in the cloud or rely on cloud based services
- You make electronic payments
Premiums start from just £280.00 (Including IPT @ 12%) per annum which is not a lot of money for peace of mind!
Get a Cyber Liability Insurance quote From Ignite Insurance Brokers
Complete the form
Submit the details of your insurance requirements
Get a quote
We will get back to you with a confirmed quotation
Confirmation
We will contact you to arrange cover if you wish to proceed