Cyber Insurance
Coverage
Cyber Insurance protects your organisation from costly cyber attacks, data breaches and system failure. Get expert support from experienced professional and financial coverage with Cyber Insurance.
Get quotes from the best cyber insurance providers in the UK
What is
Cyber Insurance?
You should consider cyber insurance if
You store personal info or email addresses
You use a computer to run your business software
You take card payments or make electronic payments
You have a website or use cloud storage
Should I get
Cyber Insurance?
Why is cover for cyber liability important?
It's far more than just financial protection
It lets you focus on growing your business
It helps you get and retain more business
What Does Cyber Insurance Cover?
Breach Response
Any business holding personal information is at risk of a data breach, be it from an external cyber-attack to a simple employee error such as sharing a confidential document with the wrong party or losing a company device lick as laptop or USB stick.
Legal & Regulatory costs
From the costs of complying with a regulatory investigation following the loss of client data, such as the ICO or the payment card industry (PCI), to claims from third parties, legal and regulatory expenses can rapidly escalate following a cyber event. Our cyber policy is here to pick up these costs and provide you with the specialists in these legal areas to fully support and defend your business.
Business Interruption
Cyber induced business interruption can strike at any time and be very costly to a business or organisation. An interruption to the IT network or systems can quickly escalate into a threat to a business. From sophisticated external threats, such as ransomware or distributed denial of service (DDoS) attacks on a website, to simple operator error such as unplugging the wrong server or a system crash when updating.
Hacking & Cyber Extortion
If hackers gain access to your data or systems, a cyber insurance policy will pay to put right any damage, corruption or misuse of your computer systems or programmes that has occurred. The policy covers recovery of copied or stolen programmes and repairing data held electronically. Should the business suffer a ransomware attack or a denial of service (DoS) attack, the policy will look to provide a solution for the business.
Cyber Crime
Cover for common cyber attacks used by organised cyber criminals such as phishing, ransomware and malware. This includes electronic transfer of your funds as a result of a data breach breach or social engineering, including costs incurred should you suffer telephone hacking.
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Data Restoration
Should a cyber or data incident occur it's normally vital to restore lost or corrupted data. This is an important process but expensive. Specialists assist you with trying to restore any lost data or fix systems damaged by a cyber attack.
Requirements to get Cyber Insurance
- You use Multi Factor Authentication (MFA) for all users’ access to web based email
- You ensure all users' adhere to strong password practices
- You back-up critical/important data & systems regularly
- You regularly provide cyber training to staff
Transfer the Risk to a Cyber Policy
Frequently Asked Questions
What does cyber insurance cover me for?
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Cyber and data insurance covers the time and money you have to spend dealing with a cyber-attack or data breach. It also covers the costs of putting your business back together following a hack or data breach. Because coverages and indemnity limits can vary our platform provides you with the key information needed to make an informed decision on the best provider to choose.
How is Cyber Cover regulated?
Cyber Cover is an approved representative of Duncan Clark (Insurance Brokers) Ltd which is authorised and regulated in UK by the Financial Conduct Authority - details of which you’ll find on the Financial Services Register.
Can we prevent cyber attacks?
There are some simple ways that your business can improve your cyber security and protect yourself from cyber-attacks but this will help reduce the risk not eliminate it.
Cyber Security Training
These include providing your staff with training in cyber security principles, such as locking their computers when they’re not at their desk, regularly changing their passwords and not opening suspicious files or links.
Control Data Access
It’s essential to control access to your computers and network by providing employees with their own password-protected user accounts and limiting the authority to download software and access sensitive data.
Antivirus & Security Software
You can protect your computer systems by installing and regularly updating antivirus and antispyware software, using firewalls for your internet connection, securing WiFi networks with passwords, and keeping software for your operating systems and applications updated.
How would I know if I have been hacked?
It may not be evident or you might not always be able to tell that your systems have been hacked, however, there are a few key signs. If your settings have changed, or email rules have been amended.
If for example, your business is a victim of ransomware, all or some of your files will be locked and you will receive a message requiring you to perform certain actions or to pay a given amount to unlock your systems.
Another less obvious example would be your mouse moving outside your control as if someone else is controlling it. It could well be a bug, but it’s better to disconnect the device from your network and run a virus scan.
What businesses are at risk of a cyber attack?
Large companies make the news, but small and medium-sized businesses are more likely to fall victim to cyber attacks and data breaches. In 2019, more than 30% of businesses in the UK identified cybersecurity breaches or attacks.
SMEs are often seen as an easy target or low hanging fruit, as they have fewer resources to fully implement security software and procedures. Also, many small businesses are extremely busy, which in turn, means security practices can often get overlooked.
Why should I choose Cyber Cover?
We are specialists in cyber and professional indemnity insurance, that’s what we do. We understand that buying insurance can be time consuming, confusing, and expensive. So we make sure getting yours is clear, simple and affordable.
If you’re after a second opinion, have a look at our customers' reviews and the great feedback that has been received.
What payment methods do you accept?
We accept major credit cards such as Visa, Mastercard, and American Express. We also support payment through PayPal.
What happens if I exceed the usage limits in my plan?
If you exceed the usage limits of your plan, we will notify you and provide options to upgrade to a higher plan or adjust your usage accordingly.
Can I upgrade or downgrade my plan later?
Yes, you can easily upgrade or downgrade your plan at any time. Just contact our support team, and they will assist you.
Can I customize my plan based on specific needs?
Our pricing plans are designed to be flexible, and we offer customization options for enterprise customers. Contact our sales team to discuss your requirements.
Are there any long-term contracts or commitments?
No, we offer flexible pricing plans without any long-term contracts. You can cancel your subscription at any time.
Do you offer discounts for non-profit organizations or educational institutions?
Yes, we offer special discounts for non-profit organizations and educational institutions. Contact our sales team to inquire about eligibility and pricing.
Do you offer a free trial of your software?
Yes, we provide a free trial period for you to test our software and evaluate its features. No credit card is required for the trial.
What happens if I decide to cancel my subscription?
If you decide to cancel your subscription, you will have access to your account until the end of the current billing cycle. After that, your account will be deactivated.
