As technology continues to develop and become more sophisticated, so do the potential cyber threats that your business could be exposed to.

Any business in any industry can potentially face a breach of sensitive customer, employee or business information. It is important you understand you risks and exposures, and how to best prepare yourself against a cyber breach.  

Cyber Insurance can cover expenses that your business may incur because of a cyber related incident:

• Business interruption loss due to a security attack
• Data loss and recovery including decontamination
• Regulatory investigation expenses
• Third party claims from a failure to keep data secure
• Cyber extortion costs

A cyber attack could cost your business more than money. It could also threaten your intellectual property and put customers' personal information at risk - which could damage your reputation. 

What can be stolen from you?

• Personal and business details
• Payment details and order histories
• Your business records
• Tax records
• Emails and attachments
• Financial information
• Payroll and employee data
• Contract and legal documents

Manage your risks by:

• Training your staff to identify risks
• Create an incident management plan
• Back-up your company data
• Use insurance to minimise impact
• Maintain protection of your mobile devices, networks and point of sale systems

Help protect your business by calling a Knightcorp Insurance Broker to talk about the cyber insurance options available.

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