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
General Advice Disclaimer
The information on this website is to be regarded as general advice. Your personal objectives, needs and financial circumstances were not taken into account when preparing this website content. We recommend that you consider the suitability of this general advice, in respect of your objectives, financial situation and needs before acting on it. You should obtain and consider the relevant product disclosure statement and Financial Services Guide from Grange Insurance Solutions before making any decision to purchase a financial product.
Grange Insurance Solutions is a Subscriber to and is bound by the 2022 Insurance Brokers Code of Practice, a full copy of which is available from the National Insurance Brokers Association (NIBA) website.
© Grange Insurance Solutions Pty Ltd. All Rights Reserved. ABN 16 115 775 141, ACN 115 775 141, AFSL 292523. Insurance Website by Wolf IQ