Fighting cyber crime together

Malicious attacks and breaches have become more sophisticated, so it’s worth knowing what threats your business faces.

From damage to your business’ hardware and software, to the loss of sensitive personal and client/supplier information, here are some of the risks you should consider:

INCIDENT RESPONSE

This section of cover will pick up all costs involved in responding to a cyber incident in real time. Costs include:

• IT security

• Forensic specialist support

• Legal advice in relation to data security breaches and the costs associated with having to notify any individuals/companies that their data has been stolen.

Cyber Crime

This section covers third parties misleading you into paying an erroneous bank and theft of your personal funds. It also covers cyber extortion, so if your system is attacked by ransomware, the policy will pay for the hacker’s ransom and restore any data damaged in the process. This is the most common form of cyber attack.

System Damage And Business Interruption

This section covers two areas:

1. The system damage covers the costs to repair and restore data in the event your computer systems were damaged in a cyber attack.

2. The business interruption covers you for your loss of profits and additional costs that you have incurred as a result of a cyber attack. The policy operates on a franchise basis and has the longest indemnity period in the market at 12 months.

With a cyber insurance policy, you could easily be covered against these risks. The incident will be managed from start to finish by an expert response team.

For more information, please contact:

Tom Montague - New Business Account Executive

M: 07788 427588 E: tom.montague@astonlark.com or visit www.astonlark.com