Computer security may not be a high priority for many businesses but this thinking could have disastrous consequences.
Every day, virtually all companies in Australia handle electronic data containing sensitive information about their clients as well as corporate information about their own company. All are faced with real liabilities if data falls into the wrong hands or enters the public domain accidently or fraudulently.
Cyber criminals have many faces and are the growing scourge of commerce worldwide. From hackers who seize and hold your data for ransom to denial of service attacks; inadvertent or negligent breaches of client data; websites not being accessible, leading to loss of reputation… the outcomes of a cyber security incident can have a significant impact on the finances and reputation of a business.
Cyber insurance. What can be covered?
Scott Winton can tailor a cyber Insurance program that suits your needs including but, not limited to:
- Breach of privacy
- Damage to your network or website
- Transmission of a virus
- Third Party Liability
- Cyber Extortion
- Liability and loss of third-party data
- Defence of legal claims
- Crisis management and monitoring
- Network Interruption
- Prevention of further attacks