HSB Cyber Insurance

Overview

Cyber security has become a key risk to businesses of all sizes, with cyber attacks headline news.

Today, virtually all businesses collect and store personal information about customers, employees and others. The frequency of data breaches – the theft, loss or mistaken release of private information – is on the rise. But data breaches aren’t just a big business problem; small and medium-sized businesses with fewer data security resources are particularly vulnerable.

Whilst data losses for small to medium-sized businesses may not make the headlines, the potential financial cost and reputational impact of a cyber incident can be crippling. Firms such as accountants and lawyers might be perceived to hold more sensitive data, but all businesses could be at risk from a cyber attack or data breach by hackers, viruses or errant employees.

HSB Cyber Insurance provides:
– Cover for the costs of dealing with data breaches and cyber liability claims
– Cover for business losses from a cyber event
– Cover that helps businesses deal with the impact of cyber crime
– Cover for hardware and data corruption
– Access to expert advice and support (e.g. IT, legal, forensic and media relations) when an incident occurs
– Full claims support following an incident

Contacts

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Documents

 HSB Cyber Insurance Policy Wording