With Cyber Crime in Australia escalating in frequency, complexity and scope, the need for businesses to consider insuring against these risks is increasing.

Every business that has a website or electronic records is vulnerable to cybercrime or an accidental data breach – and the consequences of a cyber-incident can be very costly which may lead to

•    Loss of reputation

•    Customers personal information at risk

•    Loss of intellectual property

The cost of Cyber Crime costing Australia businesses $29 billion annually and has been estimated that by 2025 globally will have increased to approximately $10.5 trillion.

Cyber Insurance can cover

•    Loss of Revenue from the interruption to your business from a cyber attack

•    Costs involved in recovering or replacing your data

•    Defence of legal costs

•    Costs associated with investigation by government regulators

To obtain a recommendation for your Cyber & Privacy Liability, contact us 

Cyber & Privacy Liability Insurance