"Data theft is becoming an issue for almost every business"
What is it?
Cyber liability cover protects you from the financial consequences of a data security breach and the damage to the brand that may result.
Who needs Cyber Liability cover?
As data theft becomes an issue for almost every business, the need to put in place appropriate protective measures has become relevant to all. It is easy to overlook the potential long-term harm that a data breach can cause to a company’s reputation. While you can’t insure against damage to your reputation, you can put sensible measures in place to protect what is almost certainly your business’s most valuable asset.
If your business could suffer from any of the following then you should consider Cyber Liability cover:
- Data theft
- Hacking, leading to publication of customers’ details or commercially sensitive data
- E-business interruption as a result of a virus or cyber attack
- Slanderous comments made by authorised and unauthorised users of your website
What does it cover?
Cyber liability will cover you for financial losses incurred as a result of hacking or loss of data and for legal costs related to mismanagement of customer data. The policy will cover the costs involved in both fixing the faults in your computers and IT systems as well as taking steps to repair any resulting damage to your company’s reputation.
What having Cyber Liability cover means to you
Business owners will have the reassurance that if someone does hack into their computer systems they will be protected against the costs of repairing such a breach and its potentially enormous repercussions.
"We worried for decades about WMDs - Weapons of Mass Destruction.
Now it is time to worry about a new kind of WMDs - Weapons of Mass Disruption. "
Help Fight Against Insurance Fraud
1 Apr 2016
Members of the public can join the fight against insurance fraud by reporting what they know to the Cheatline. Powered by Crimestoppers, the Cheatline is a free service that enables members of the public to anonymously report information or suspicions about insurance fraud. – Cheatline is on 0800 422 0421, or online at www.insurancefraudbureau.org/cheatline. – […]
Garden Security Advice
22 Mar 2016
Spring is finally here and at this time of year there is lots of activity in gardens and allotments across the country. – Additionally, we may be buying new gardening tools and equipment and it is also traditionally a time when burglars target garden sheds, garages and outbuildings looking for power tools, bicycles and other […]
16 Feb 2016
Why you need engineering inspections Compliance with the law To avoid costly HSE fees for intervention Defence against claim or prosecution against your business or its directors personally Avoid equipment downtime Gain efficiency, longevity of plant use and reduce your environmental impact Use this link to identify the types of plant that you […]