Cyber Insurance

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:

Breach Costs

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

Hacker Damage

Repair and restoration of websites and programs damaged by a hacker

Cyber Extortion

Ransom cover and expert consultancy on managing and mitigating an attack

Crisis Containment

Mitigating reputational damage from a data breach using specialist public relations management

Privacy Protection

Defend and settle claims made by customers alleging personal data breaches, regulatory investigation costs and civil penalties

Multimedia Liability

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:

Cyber crime

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

Telephone hacking

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.


Recent News


Watkin Davies are pleased to offer Cyber and Data Risks insurance from a panel of leading insurers, including Hiscox.

Watch the video: Cyber Insurance from Hiscox

 


Would you like a free no obligation quote?
Call us today: 029 2062 6226 or Arrange a Callback

 

About Company

Watkin Davies Insurance Consultants are one of Wales’ largest Independent Insurance Brokers, established in 1978 by Roger Watkins. Since this time we have become one of the leading Commercial and Personal Insurance Brokers in the region and the trusted insurance advisor to hundreds of Welsh and UK businesses and individuals.

Head Office

15 & 19 Penlline Road
Cardiff, CF14 2AA
029 2062 6226
Opening Hours
Mon-Fri: 9am to 5.30pm
Sat: 9am to 1pm
Sun: Closed

Official Insurance Partner of the FAW Trust

Official Insurance Partner of the WSA

Member of British Insurance Brokers Association