Cyber insurance covers a business’s liability and its ability to manage the impact of a cyber incident on its systems and finances. In addition, there may issues with third parties you deal with such as a loss of confidential data, transmission of a virus or missing funds.
We would strongly advise all businesses, however large or small, with any reliance on systems and data, to consider protecting their online business. This should be treated with just the same level of importance as covering tangible assets – if not more so.
As part of our service we make it our business to fully understand the requirements of our business customers and prepare suitable levels of protections should you suffer an attack. That way we are able to ensure customers are doing everything they can to avoid a cyber-attack or data breach. It is our firm belief that prevention is better than cure. Whilst very prudent measures can be taken by businesses around IT infrastructure such as firewalls, encryption and passwords there is also the very obvious issue of human error to consider. In the event that an incident does occur, cyber insurance provides a valuable safety net.
If you’d like more information before you get a quote about the risks we think you might potentially face and the type of insurance cover we can provide, just follow the link below.