Don’t let a cyber breach drag your business down

Protect your business against hacking or loss of data with cyber coverage from ARMA.

As technology continues to develop and become more sophisticated, so do the potential cyber threats that your business could be exposed to. The number and severity of data breaches is rapidly rising, so it is essential for both businesses and their customers to be protected by a cyber insurance policy against the cyber liabilities that they face.

Why you need Cyber Insurance

Cyber protectioncan help organisations get back to business after a cyber attack or a data breach.

Standard business insurance products don’t cover for cyber breach or data loss. Cyber Insurance goes beyond traditional liability and property insurances which were not developed to address the risks involved with internet exposure.

It’s tailor-made to provide comprehensive insurance cover for liability and expenses a business may incur arising out of unauthorised use of, or unauthorised access to, physical and electronic data or software within an organisation’s computer network or business.

WHAT WE INSURE

What Cyber Insurance Covers

Cyber Insurance can cover expenses that businesses may incur because of a cyber related incident. This can include:

  • Data loss and restoration

  • Business interruption loss due to a network security failure

  • Liability due to failure to maintain confidentiality of data

  • Network or data extortion

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