We are now in an age where all businesses rely and operate on the internet, whether it’s promoting your business, emailing customers or running an online service, but the awe and wonder of the internet also brings risks which have the potential to damage your business.
Could these damages affect the work flow of your business? If a virus was to compromise your system would your company be able to take the hit?
If you do not want to think about the dreaded consequences and not have cover, we at Clear BCP strongly recommend that you look into purchasing cyber insurance cover.
Cyber insurance will usually cover your business from
Data liability – Data liability will cover loss or damage to data, outsourcing and network security
Business/network – Interruption – Your company will be covered should a breach occur in your networks’ security or should a denial of service attack happen
Multimedia Liability – This will cover any damages from third party media or any failures in connection with electronic content
Cyber/Privacy Extortion – This will cover against hackers who operate in ransom payments to restore files should they corrupt your data
Many Businesses believe their general liability insurance will cover them against cyber threats, but a lot of insurance companies have written out cyber-attacks after many companies conflicting views about physical computer damage and cyber damage.
At Clear BCP we will recommend you the best cyber insurance for your business. We will survey your business and consult with many cyber insurance companies to give you the best quote and the best cover.