The information age allows us to collect and store more data and extract information around the globe 24/7. Access to sensitive information can significantly increase a company’s vulnerability to cyber security threats – any of which can result in significant out-of-pocket and reputational costs that can devastate the bottom line.
Is your company prepared for:
- Identity theft resulting from lost or stolen financial information of customers, credit card numbers, tax file numbers, or other confidential information?
- A cyber extortion threat?
- An e-business interruption, resulting from a security failure or internet virus?
- Costs related to a privacy breach notification of clients private details?
Cyber Insurance can provide the following types of cover: