Cyber insurance

Not a day goes by without a major cyber attack or data breach hitting the headlines. In fact, a recent study has found that a cyber attack is launched every 39 seconds^[1]. No business or industry is immune – if you have an internet connection, you are at risk of a cyber attack.

Cyber criminals are becoming more sophisticated and they will continue to find ways to access your data, records, servers and networks. Having the right cyber security and risk management practices is the best way to avoid a cyber attack or data breach but, if something does go wrong, cyber insurance can help you pick up the pieces.

What is Cyber Insurance?

Think of cyber insurance like any other insurance cover you have. If there is a fire at your property, your insurance cover will help you rebuild, and cyber insurance is designed to help you get back on your feet in the aftermath of a cyber incident. Cyber insurance gives you access to a panel of experts, from legal and PR advice to IT specialists to help you control, contain and coordinate your response to a cyber incident and can cover you for a range of threats and outcomes.

^{[1] Safeatlast Blog - https://safeatlast.co/blog/cybercrime-statistics/}