Cyber Insurance
Cyber Insurance
Cyber Insurance protects both individuals and business from the devastating financial consequences of a cyber attack. Cyber risk is increasing due the massive explosion in IT Data. The resultant data breaches are now becoming a regular event and a cyber insurance policy will protect you against Cyber liability and other costs.
The increase in the volume of IT Data known as Digital Assets and the communication over the internet we have had in the past twenty years has been extraordinary. This is good, but the risks entailed with all this communication and digital data is sometimes not fully appreciated.
Both business and personal information is close to the most important asset of a business or individual as it shows a roadmap of your business or life. Data provides details of what you do, how you do things, your customers or suppliers information, and your own personal and friends lives.
We keep all this data in our computer, laptop, mobile phone or in the cloud.

What are examples of Cyber Risks?
The financial costs of losing control on your data through either malicious or accidental actions include:
- Cyber Crime
- Cyber Security
- Cyber Liability
- Privacy Protection
Our preference is to simple call this Cyber insurance as the exposures from Cyber encompass First Party, Third Party, and Loss of Income exposures and the risk itself should be looked at in totality.