Regardless of the size of your business, cyber-attacks are a common and ever-growing risk. With advanced technology and techniques available for hackers, your business is increasingly exposed to having a cyber-attack, leaving you and your customers exposed,

Cyber Liability insurance is designed to protect your business from internet based risks, more generally, risks relating to information technology, infrastructure and activities. It can assist in limiting the damage caused by a successful breach, as well as assisting in recovering sensitive or crucial data. Cyber liability insurance usually extends to cover Business Interruption, which can also help your business recover loss of profits following a cyber-attack event.

A Cyber Liability insurance policy at its core, is designed to protect your business against a range of cyber risks you may be exposed to, such as:

• Viruses that expose private, sensitive or damage information
• Compensation claims from customers after their sensitive information has been exposed
• Damaged software caused by a cyber attack
• Public relation costs to help protect a business’s reputation after a breach
• Extortion claims or ransom claims
• Fines from regulatory bodies following a cyber attack

There are certain cover options that can be included with Cyber Liability insurance, such as Social Engineering or Phishing Attacks, Cloud Services & Service Providers. Should you wish to know more, or would like for Integrum to review your insurance needs, please get in touch or complete our contact form for a member of our team to contact you.