Cyber Insurance

Cyber attacks are rapidly emerging as one of the foremost risks encountered by Australian businesses. While it might seem that cyber criminals primarily target large enterprises, studies indicate that small to medium-sized businesses have become the primary focus for data breaches. This is often due to their comparatively weaker security measures, making them more vulnerable to hacking attempts.

Cyber Liability Insurance can include coverage for Personal Data Liability, Corporate Data Liability, Outsourcing Liability, Data Security Liability, Data Administrative Investigations, Data Administrative Fines, Repair of the company’s reputation, Repair of individual reputation, Notification and Monitoring Costs, Electronic Data and Defence Costs