Cyber/ Data Protection For Your Business
Cyber insurance is specialist business insurance to help protect you in the event of a cyber-related attack or event. This could be a regular cyber-attack, a hack into your company system, a ransomware attack or any number of other cyber assaults. It can even include hardware failure and data breaches.
If your business, like almost all in the present day, uses IT, you are at risk of cybercrime. This is a concern for all businesses of all sizes. Small to medium sized enterprises are actually more at risk than larger companies when it comes to serious company damage, as you may not have the capital to recover in the aftermath of an event.
Cyber insurance comes at many different levels and can protect you from a wide range of technological issues and failures. Securing cyber insurance with Just Quote Me ensures you get a good value, comprehensive policy.
Why does Cyber Insurance matter for your Business?
Cyber-attacks have brought some of the largest companies in the world to their knees. Imagine this happening to your business. With companies such as Equifax, the NHS and FedEx effected by cyber-attacks, it can happen to anyone. Cyber insurance provides financial peace of mind should a cyber event effect your company. No business owner can afford to ignore this potential threat.
Do all Businesses need Cyber Insurance?
Cyber insurance protects your business from cyber risks. If any aspect of your business is run online or uses the internet, then it should be a consideration. It protects against risks which could damage both your business’ financial position and reputation. Almost all businesses now rely on IT for some element of their services, so there are probably very few who can honestly say they can do without cyber insurance!
You may find your existing policies such as business interruption and professional indemnity insurance have a degree of cyber protection, but is it comprehensive enough? These policies are not designed with the latest cybercrimes and threats in mind, whereas the best cyber insurance policies are.
What does your Cyber Insurance cover?
Cyber insurance may cover several different things, dependent on the level you opt for. You will find policies which offer scalable cover including elements such as:
- Financial cover for dealing with data breaches
- Financial cover for dealing with any cyber liability compensation claims
- Financial cover for business losses and interruption
- Financial cover for supporting your business through the aftermath and impact of the cyber event
- Financial cover for hardware and data repair and replacement
- Forensic investigation, expert advice and IT support
Cyber Insurance Quotes with Just Quote Me
At Just Quote Me we can help you find the right level of cyber insurance for your business. Our many years’ experience in business insurance allows us to quickly and efficiently get a good understanding of your company and its needs. Contact us today to get your cyber insurance quotes.