Many Australian businesses rely on technology, and even with strong cybersecurity measures in place, mistakes and breaches can happen.
One malicious email click, one lost file, or one weak password has the potential to lead to lost revenue, damaged reputation, and even legal fallout.
| Cyber extortion | Ransom demands, negotiation & prevention costs |
| Business interruption losses | Lost income due to system downtime |
| Electronic data replacement | Restoring or replacing damaged data |
| Security & privacy liability | Third-party data breaches or leaks |
| Legal defence costs | Defending claims & legal proceedings |
| Regulatory breach liability | Fines and costs from regulatory investigations |
| Media liability | Defamation, copyright and online content disputes |
| Crisis management | PR and reputation management post-incident |
| Notification & monitoring | Informing affected individuals, credit monitoring |
Cyber Insurance policies vary. Exclusions may include physical damage to computer hardware, criminal acts by the insured, known issues not disclosed prior to policy commencement, amongst others.
We have access to a range of Cyber Insurance products, from a range of reputable insurers, including:
And many more.
Take a look at our free resources that have been designed to help you understand Cyber Insurance. Simply download and use as required.
Cyber Insurance Brochure
Cyber Risk Checklist for SMEs
Cyber Insurance Claims Examples