Cyber Insurance

Covers compensation you have to pay due to data or security breaches, including:

• Failure to disclose a breach within the GDPR time limits
• Failure to comply with parts of your privacy policy

Covers compensation you have to pay due to defamatory content or intellectual property infringement on your website, social media or online advertising.

This happens more often than you may think - for example, if someone were to accidentally use a trademarked image on one of your company’s social media accounts.

The General Data Protection Regulation (GDPR) comes with stringent guidelines and fines of up to €20 million, or 4% of annual turnover, whichever is the greater.

Having the right cover in place can mean the difference between pulling through a difficult time or going out of business. Our insurance covers:

• Notification costs
• Breach response services
• Legal costs

Covers PCI fines, which can range from £3,000 to £60,000, plus expenses and legal costs due to a data or security breach involving credit card or debit card information.

Covering you for unauthorised use of your systems. For example, if a hacker accesses:

• Your phone system and makes calls
• Your computer system and launches a denial-of-service (DoS) attack against another company
• Your computer system to mine cryptocurrency (cryptojacking)

If your website or computer systems slow down or stop working due to a distributed denial-of-service (DDoS) attack, our insurance will cover costs for DOSarrest to fix this.

If money is paid by you or by your bank, on your behalf, in response to a fraudulent email or phone instructions.

Data breach response services