Contact Us

Phone
0401 789 720

Email
assist@covermeinsurance.com.au

Address
1205/9 Norfolk Avenue Surfers Paradise QLD 4217

Online Enquiry

* Required fields

Cyber Insurance

Cyber Protection for Your Business

Cyber Protection for Your Business

Prompt action after a cyber attack will help minimize not only the monetary loss of your business but also your reputation with clients. Cybercrime is a growing concern for all businesses, and if you're connected to the internet, you're at risk.

Understanding Cyber Risks:

  • Simple Mistakes: A cyber incident can be as simple as attaching the wrong file to an email or opening an email with a virus.
  • Breach of Privacy Laws: Cyber incidents can result in privacy law violations, leading to hefty fines and penalties.
  • Data Theft and Loss: Protect your business from the theft or loss of sensitive customer data.
  • Business Interruption: Covers losses and additional expenses due to cyber incidents disrupting your operations.

Comprehensive Coverage:

  • Incident Response: Covers IT forensics, PR management, and legal fees to mitigate cyber threats.
  • Data Restoration: Protection for expenses related to recovering lost or compromised data.
  • Cyber Extortion: Coverage for ransom payments if your business is targeted by cybercriminals.
  • Third-Party Liability: Protection against lawsuits from affected clients or partners.
  • Regulatory Compliance: Covers fines and penalties due to data breaches.

Why Choose Us?

  • Expert Guidance: Our advisors provide tailored advice to address cyber threats.
  • Customized Solutions: We create personalized insurance plans for your specific needs.
  • Competitive Pricing: We work with multiple insurers to secure the best coverage rates.
  • Ongoing Support: We provide continuous assistance, from policy setup to claims processing.
Get in Touch!
 Cyber Insurance

How Can Cyber Insurance Help your Business?

Costs and Remediation Cover

Costs to fix IT Systems, pay IT Forensic Consultants to restore customer data, Reward cover, Cost of Customer Communications/ Notifications in relation to incident. Or even costs of negotiating & mediating due to an extortion attempt.

Profit & Revenue (Business Interruption) Cover

If a cyber incident impacts the ability to earn income. I.e. site shut down. This cover is designed to put your business back in the same financial position prior to the incident.

Liability 

Stolen credit card numbers, financial reports, medical records, birth dates and the loss of sensitive personal data can leave you liable and exposed.

For peace of mind against legal action from a third party, Liability cover is a must. Cover may include protection for breach of privacy, defamation, transmitting a virus, regulatory fines & penalties, including cover for your defence costs.

Helpful Advice

The Australian Institute of Criminology have some recommendations for how to protect your business. They include the following;

  • Use different passwords for every account and ensure they are strong
  • Back-up your business data regularly
  • Store backed up data off-site and check the stored data periodically
  • Keep antivirus software up to date, along with software patches and updates
  • Be conscious of personal information shared online
  • Know where cloud based data is stored.

Personal Cyber Protection

Please contact our office for information on Personal Cyber Protection for your Home & Family.

CLICK HERE for further details or a free Online Quotation.