Cyber incidents can disrupt operations, compromise confidential information and create significant financial and reputational consequences.
Cyber Liability insurance is designed to help businesses respond to covered cyber incidents and manage associated costs and liabilities.
An accounts employee receives what appears to be a legitimate payment instruction from a senior executive.
The email is fraudulent and funds are transferred to a criminal account.
Depending on the policy and extension selected, Cyber Crime or Social Engineering cover may provide protection for the resulting financial loss.
Cyber insurance varies considerably between insurers.
We help identify the areas of exposure relevant to your business and consider specialist cyber markets rather than treating cyber risk as simply another standard commercial extension.