Cyber and Privacy Protection Insurance
Cyber and Privacy Protection Insurance
Cyber attacks and breaches of privacy are commonplace these days with businesses and organisations of all types and sizes at risk. Cyber and Privacy Protection Insurance can help protect businesses from the financial impact of a cyber-attack or a privacy breach.
Cyber and privacy protection insurance covers costs associated with unauthorised use or access to intellectual property and proprietary information including personal data, corporate data, outsourcing liability, security liability and potential network interruption.
Costs incurred may include investigations, communications and hardware/software replacement.
Cyber policies are not all created equal, and you need to ensure that you are covered for things that matter if you ever need to make a cyber claim. Our specially crafted cyber insurance policy can protect you for the things that will matter, if you are ever impacted by cyber crime.
Your policy may include:
Business Interruption cover - covers your business revenue and costs while your normal business operations are interrupted.
Contingent Business Interruption cover* - covers your costs and revenue replacement if you are affected by an external supplier suffering an attack.
Unencrypted Portable Devices cover* - No exclusions.
Third Party Business Interruption cover* - covers actions against you initiated by third parties (ie. clients) for sums payable and defence costs including regulatory fines, damages and penalties.
Cyber Theft cover*- covers your costs/losses associated with cyber criminals breaching your systems, stealing user names and passwords, identity theft, transaction fraud, piracy etc.
Social Engineering cover* - covers your costs/losses incurred if cyber criminals solicit personal information or funds from you though manipulation, impersonation or other fraudulent means.
Tangible Property cover* - replaces tangible property that has been damaged as a result of a cyber event.
* speak to us about including this in your policy.
Plus, an experienced claims panel will react quickly and locally, from privacy breach notification to electronic fraud investigation. If your brand is at risk, they will hire PR consultants to manage the impact.
Contact us about Cyber and Privacy protection now to ensure you are covered. Call 1300 242 136 or email info@abphillips.com.au