Cyber liability for your small business: Takes the flak when you're hacked

Business is booming for cybercriminals. Cyber-attacks are on the up and scammers are getting smarter.

One wrong click is all it takes. Next thing you know you’ve transferred thousands to fraudsters. Or your system’s been hijacked, your business held to ransom.

A cyber policy means you can click with confidence. Get hacked, breached, phished or defrauded, you’ll have a response team at the ready. And the cash to get you back online, doing business as usual. Fast.

• What is cyber liability insurance?

  Cyber liability insurance covers the damage cybercrime can do to your business. Whether it’s caused by a data breach, ransomware attack, invoice fraud, or phishing

  The cost of recovering from an attack like that can be enough to cripple a small business

  Cyber insurance takes care of these costs. Including paying fines, your legal expenses and replacing lost income if the attack stops you trading.

  But that’s not all your cyber liability policy provides. To help protect you from cybercrime, you also get:

  • Access to cyber training for you and your staff
  • Advice on cyber security for your business
  • Up-to-date intel on the latest cyber threats

  Plus, a handy mobile app which makes it easy to report a cyber incident, wherever you are.

  What’s more, from the moment you report a cyber event, you’ll have 24/7 support from an award-winning response team. Wherever you are.

  Here are some examples of how it works:

  • Ransomware attack: Your system’s been infected with malware and locked down till you pay a ransom. The response team will advise you on dealing with extortion demands, check the extent of the infection. And help you decrypt and restore your systems and data.
  • Invoice fraud: Your business email’s been compromised. The hacker’s faking invoices and re-routing wire transfers. The response team can halt the transfer of funds, identify the break-in point and re-secure your system.
  • Data breach: Your data’s been lost or stolen. The team will investigate the source of the breach. You’ll get legal advice on whether you need to report it to customers and regulators. If you do, the team will work with all the necessary parties. Smoothing the process from privacy laws to PR consultants.

  Cyber insurance can’t stop an attack on your business. But it gives you the tools and support -- as well as the cash -- to survive one.

• Who needs cyber liability insurance?

  Do you send, or receive, wire transfer payments?

  Do you store personal data, like credit card numbers or health information?

  Do you store business-critical information on your computer? Things like client contracts, designs and plans?

  If the answer’s ‘yes’ to any of those questions, you need cyber insurance. And if you’re a small business owner with employees, that’s two more good reasons to make sure you’re covered.

  Major security breaches hit the headlines. But what’s not reported is that over half of all cyber-attacks are aimed at small businesses like yours. Why? Because, with less cash to spare for tough cyber defenses, you’re a soft target.

  And the more employees you have, the more chance someone will make a mistake. Human error accounts for over ¾ of cyber incidents. Just take a look at some of the claims made recently, over on our blog.

• How much does cyber liability insurance cost?

  Our cyber policy prices vary, depending on the coverage level you choose.

  You have 3 options: standard, intermediate and advanced. Click here for a comparison chart.

What our customers say...

Rated 4.8 out of 5 with 1745 reviews on