Cyber

Are you concerned about cyber attacks? Is your business vulnerable to disruptions by hackers and data breaches? Would you know what to do in the event of a cyber attack on your business? Having a cyber insurance policy may help.

What is Cyber Insurance? 

Cyber insurance is a specialised form of coverage designed to protect businesses from the financial fallout of cyber risks. For small business owners, the consequences of a cyber attack can be particularly devastating, ranging from financial losses and legal liabilities to reputational damage. Cyber insurance may act as a safety net, providing financial assistance to cover the costs associated with responding to and recovering from a cyber incident. 

Why is Cyber Insurance an important consideration?  

For many small business owners, the misconception that cyber threats only target large corporationcan be costlyIn reality, small businesses are often seen as attractive targets by cybercriminals precisely because they may lack the robust cybersecurity measures in place at larger enterprises. Cyber insurance helps level the playing field by offering protection tailored to the specific needs of small businesses. 


What can Cyber Insurance cover?

Cyber insurance typically provides first-party coverage of losses incurred through;

  • Data destruction, hacking, data extortion, and data theft
  • Cyber insurance policies may also cover legal expenses, public relations and related costs 
  • Many policies also provide access to expert cybersecurity resources and incident response service

Get in touch.

cyber attack can be costly to you as a business owner. Cyber Insurance mitigates risk by helping to pay the cost for your business to recover from an attack.

Let us help you to protect your business from the potential impact of cyber attackFill out the form below and an insurance.com.au specialist will contact you to discuss your insurance needs. Or call us on 1300 468 730.

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