Because no one can protect you 100%!!
Cyber insurance has changed forever thanks to CIS’s new total cyber security cyber insurance policies. Policies for business, business from home, personal cyber insurance and now cyber insurance for normally excluded categories of industry that cannot obtain cyber insurance. As the world leader in innovation of cyber insurance coupled with cyber security you can be covered against cyber attack by cyber insurance driven by cyber security. For the first time you now know there is an absolute managed cyber security ability to secure and insure all in one program and policy that provides you with full time monitoring and reporting. This whole of security solution is available now for all business categories and also consumers. You are now covered by a single security and insurance cover.
of consumers will no longer support businesses who lose credit/debit card information in a data breach
of businesses have cyber insurance, that means up to 85% are exposed to great risk
What we cover
If you suffer a cyber event that causes a network interruption resulting in a loss of income we will insure your losses up to the value on your policy. Includes your network that is under the control of a service provider.
If you have to undergo data recovery, restoration or re-collection due to a cyber event, we will pay for the recovery costs up to the value on the policy.
If you sustain a direct monetary loss from social engineering fraud, we will pay or for the value of goods or monies transferred which occur as a direct result of a cyber deception event up to the value on the policy.
We will reimburse you for any cyber extortion monies that arise due to a cyber extortion threat, where we are permitted by law up to the value one your policy.
Information security and privacy liability
We will indemnify you for the damages awarded against you for an actual or suspected cyber event, we will also cover the related defence, investigation and settlement costs up to the value on the policy.
Privacy regulatory defence and penalties
We will indemnify you for the amounts which you become legally obligated to pay, including defence costs and expenses, as a direct result of a civil regulatory action arising from a breach of privacy regulations up to the value on the policy.
Data breach notification expenses
If you are required to notify customers of a breach of their personal information, we will pay for legal expenses, public relations expenses, postage expenses and related advertising expenses up to the value on the policy.
Crisis management costs
We will pay any fees reasonably and necessarily incurred by you for the engagement of a public relations consultant, advertising expenses and legal expenses, in order to avert or mitigate any material damage to your reputation up to the value on the policy.
Breach identification and containment
We will assist you in identifying and containing the security breach and scope of issue and will provide a preliminary report.
We will connect you with legal advisors to advise you on the legal requirement to notify customers, and corresponding with any relevant authorities.
Remediation and IT forensics expenses
We will conduct a preliminary forensics assessment to agree scope and remediate any cyber event.
We’ll connect you to a public relations firm to help you protect your reputation in the event of a data breach.