When it comes to cyber risk, insurance is more important than ever with attacks and security breaches increasing in frequency and sophistication.
JMS Secure Data can provide cyber and data risks insurance solutions designed to support and protect your business if it experiences a data breach or is the subject of an attack by a malicious hacker that affects your computer systems. We can help you find appropriate comprehensive cover and reputation protection in the event of a claim.
Cyber insurance for a business is important if you:
As SME’s are becoming more reliant on technology, the risk of suffering a loss relating to problems with computer systems or holding sensitive customer data continues to grow. Many businesses use physical servers or ‘cloud’ providers to hold personal and sensitive data on clients or customers, including names, addresses and bank details with some reliant on a website for the running of their business. Damage or unauthorised access to any of these could lead to reputational damage and legal or regulatory costs.
When it comes to cyber security, insurance is one of the only ways to ensure your back is covered should the worst happen.
Financial compensation is not all that is needed to deal with these new and evolving risks. Cyber Insurance providers will not just arrange a pay out when you suffer a loss but will actively work with you to minimise your loss and the possible damage to your business.
Specialist expertise – Our cyber insurance providers have a team of experts with over 15 years experience providing cyber and data insurance who understand the changing risks that SME’s face and we have evolved our products to protect them. Their managed services help businesses protect themselves from any form of data loss, reputational damage and legal or regulatory costs.
Access to a wide network of privacy lawyers and technical specialists who will offer expert support and guidance in the event of a claim.
Protect your hard-earned reputation – Even with as much precision and care taken as possible, mistakes can happen which is when the reputation of your business could come under threat. Our Cyber Insurance providers can provide you with access to free crisis containment cover for specialist public relations support if a covered claim looks likely to damage the reputation of your business. Should the worse happen, rest assured you will have experts to manage your response to events while you focus on running your business.
Data Breach – can an offer practical support in the event of a data breach (electronic or otherwise) including forensic investigations, legal advice, notifying customers or regulators, and offering support such as credit monitoring to affected customers.
Cyber business interruption – provide compensation for loss of income, including where caused by damage to your reputation, if a hacker targets your systems and prevents your business from earning revenue.
Hacker damage – reimbursement for the costs of repair, restoration or replacement if a hacker causes damage to your websites, programs or electronic data.
Cyber extortion – protect you if a hacker tries to hold your business to ransom by covering the ransom you have paid, as well as the services of a leading risk consultancy firm to help manage the situation.
Crisis containment – expert support to mitigate reputational damage. In the event of a data breach, prompt, confident communication is critical to help minimise the damage to a company’s reputation. Free crisis containment cover is included with a leading public relations firm who can provide expert support, from developing communication strategies to running a 24/7 crisis press office.
If you are interested in protecting your business with Cyber Insurance, contact a member of our team on 020 3397 9026 (Opt 1).
