What is Cyber And Data Risks Insurance
When it comes to cyber risks, insurance is more important than ever with attacks and security breaches increasing in frequency and sophistication. Cyber and data risks insurance is designed to support and protect your business if it experiences a data breach or is the subject of an attack by a malicious hacker that affects its computer systems.
Cover can include:
Data breach - forensic investigation and legal advice, customer notifications and support
|Cyber Business Interruption||
Compensation for loss of income as a result of a hacker preventing your business earning revenue
Repair and restoration of websites and programs damaged by a hacker
Ransom cover and expert consultancy on managing and mitigating an attack
Mitigating reputational damage from a data breach using specialist public relations management
Defend and settle claims made by customers alleging personal data breaches, regulatory investigation costs and civil penalties
Electronic infringement of copy write and libel
|Payment Card Data Security Standards||
If cardholder data is stolen, your business may be responsible for tremendous damages that might occur. Credit card data that has been breached can lead to fraudulent purchases and extensive card re-issuance expenses, all which can fall on your business
Optional cover available for:
This section provides cover against any unauthorised electronic funds transfer, theft of money or other financial assets from your bank by electronic means, including fraudulent manipulation of electronic documentation whilst stored on your computer systems; or any phishing, vishing or other social engineering attacks
Costs of telephone calls made by an external hacker following a breach of your computer network
This is only a summary of the policy cover. It is important that you read the full policy terms and conditions which will be provided with your quotation.
Watkin Davies are pleased to offer Cyber and Data Risks insurance from a panel of leading insurers, including Hiscox.
Would you like a free no obligation quote?
Call us today: 029 2062 6226 or Arrange a Callback