Every day, businesses across the world are reliant upon information and communications technology, utilizing & storing sensitive information & data about their clients and corporate information about their own companies. With the ever increasing threat of a data breach, all companies are faced with liability exposures should data fall into the wrong hands or enter the public domain accidentally or fraudulently. Given the increasing number of cyber breaches, cyber criminals have shown that no company is immune from their attacks and it’s only a matter of time before a business will suffer an attack.

Imagine if cyber criminals were able to seize and hold your data for ransom, or push denial of services attacks to your website, or hack into your telephone systems racking up huge bills, or hack into your email system and send emails impersonating senior management, requesting moneys be transferred to foreign banks accounts.

That means that Cyber Liability insurance is no longer a luxury, but an integral part of your daily business. Cyber Liability insurance is designed to help protect your business from the financial impact of computer hacking or data breaches, including threats such as hackers and a host of other threats including loss of reputation & theft of intellectual property which can leave a lasting impact on your business. It’s important to learn what threats you are facing and how to mitigate that risk.