Cyber Insurance protects your business against the threat of internet-based intrusion, which can not only expose you and your business but also the sensitive client information your business may hold. A single cyber breach can cost your business, not only in significant financial loss, but in loss of reputation. Cyber Insurance is a vital part of your risk management practices.
A hacker or a global network of hackers may have already gained access to one of your many online devices and simply be hiding in plain sight. They may have already installed spyware without your knowledge, harvesting your data in silence.
Having the correct cyber insurance in place is vital in protecting your business. Cyber cover is designed to help recover the loss or theft of your sensitive data and that of your clients. More and more businesses are being hacked. Ensure you are adequately protected.
Hackers can steal your information and demand money to release it back to you. Cyber Insurance can pay these ransom costs and the costs of preventing further attacks in the future.
Cyber Insurance covers the high costs of rectifying a cyber attack against your business, which can result in the exposure of all your client’s confidential and private data information.
Designed to help cover the direct financial losses you may suffer following malicious or unauthorised access to your computer, laptop and even smartphones.
If you are a retail business using point of sale systems your customers may be exposed to remote attacks against retail transactions. Cyber insurance is a must.
Social Engineering scams trick people into divulging confidential information, and are becoming more and more sophisticated. Cyber insurance can meet any resultant financial loss and rectification costs.
Can meet your lost business revenue as a result of a cyber event. It may also meet any costs essential in reducing the financial loss to your business such as IT costs to retrieve lost data.
Northern Insurance Solutions can assist with all of your Business and Personal Insurance needs.
Allows you to package business property, stock, liability and much, much more into a single policy.
We can assist with all of your commercial motor needs. From light vehicles to heavy trucks and machinery!
If your business provides advice or a professional service to your clients, you may need Professional Indemnity!
Just some of the insurance expert partners we team with:-
Cyber Insurance can protect your business in the event of cyber attack or other form of internet intrusion. Such attacks can result in costly expenses to your business, including claims from third parties who’s personal information has been exposed as a result of a breach of your computer system. Cyber insurance can meet the costs your business incurs as a result of these breaches.
Every business and individual who has access to the internet is exposed to cyber threats including cyber attacks and data breaches. The potential for loss is much higher for businesses who hold sensitive customer information, such as credit card details, dates of birth, tax file numbers etc. Cyber criminals are becoming increasingly more prevalent and technically sophisticated. So much so that cyber attack is the fastest growing risk to small business globally according to the Australian Computer Society. An effective cyber insurance policy may pay for all losses your business suffers as a result of a cyber attack. Furthermore, it can meet the costs of forensic investigations, fines and penalties you may incur and public relations costs to protect your reputation and that of your business. Contact us now to arrange a meeting.
Cyber Insurance premiums vary depending on a number of factors including your business’s turnover, the number of employees and the level of cover you require. Also, the level of sophistication of your IT protection and backup processes may affect your premiums. The better protected you are, the less exposed you are so theoretically, higher levels of protection may result in lower premium costs. Northern Insurance Solutions can help tailor a cyber insurance policy to meet the individual needs of your business. Call us now for a quote!
Northern Insurance Solutions Pty Ltd (CAR 1257222 | ABN 60 620 003 983) Corporate Authorised representative of Community Broker Network Pty Ltd | AFSL 233750 | ACN 096 916 184
