In an increasingly digital age, Australian businesses rely on computers and other devices to help complete a range of tasks. Unfortunately, more advanced technology also means that cyber criminals are continually developing new ways to attacks your business. Cyber crime is on the rise in Australia and is one of the main risks that modern businesses face.
The impact of cyber crime can result in critical data becoming compromised, which can mean significant financial loss for your business through compensation claims and business interruption. At GSK Insurance Brokers, we provide cyber insurance to protect your business against the financial implications of cyber attack.
The impact of cyber crime
Cyber crime isn’t just an issue for large corporations – it affects businesses of every size and with the reliance we have on digital data, it’s easy to see why cyber attacks can have a devastating impact. Cyber crime can include hacking, online scams and fraud, identity theft, and attacks on computer systems, and are way for criminals to steal information, money or disrupt business. Online stored data is an attractive target for cyber criminals and breaches can have serious consequences for business.
Think for a moment about the sensitive data you have stored on your business computer system. What would happen if this data was breached? Would you have the resources to address this issue? The aftermath of the exposure or theft of customer data can result in the reputation of your business becoming damaged, along with the possibility of claims for compensation from your clients.
Protect your business with Cyber Liability Insurance
GSK Insurance Brokers understand the risks that many businesses face from cyber attack, which is why we offer tailored cyber insurance to cover the expense and legal costs associated with data breaches, attacks by hackers, and viruses and malware. It’s important to remember that most general business insurance policies don’t include cyber liability insurance, so don’t assume you have cover in place! Our team will help you identify all of the unique cyber risks of your business, so you can be confident that you have the right level of cover.
Your cyber liability insurance provides cover for a number of different scenarios, including;
- Fines and penalties
- Business interruption costs
- Investigation and data recovery
- Legal expenses
- Crisis management
- PR support
Experience you can trust
Our team at GSK Insurance Brokers have decades of combined experience, and our knowledge and expertise allows us to find custom fit insurance solutions for our customers. Our loyal customer base, which stretches across Australia, is testament to our focus on personalised, consistent service. We’ll take the time to analyse your needs and identify your unique set of risks, so you can provide a tailored insurance package.
For cyber liability insurance Australia, speak with the experienced team at GSK Insurance Brokers.