Cyber Insurance

Why buy Cyber Insurance through Viking Direct Insurance Services?

We offer a wide range of cover options:

• Cyber security insurance
• Cyber liability insurance
• Loss or damage to digital assets
• Regulatory enforcement costs
• Potential reputational damage limitation costs
• Financial loss due to electronic theft
• Business interruption

Who needs Cyber Insurance?

Any individual or business that stores client records electronically could be at risk from a cyber attack, and will therefore benefit from Cyber Insurance. Cyber Insurance will include a range of covers suitable for you as a large organisation, an SME, or sole trader.

A range of liability insurance covers can be included, protecting you from the cost of a claim made against your business as a result of a cyber crime being committed against you.

What is included on a Cyber Insurance policy?

Cyber security insurance will not only protect your business from internet-based threats, but all risks associated with IT infrastructure. This includes:

• Cyber extortion
• Loss of hardware
• Phishing
• Negligent employees
• Network failure
• Rogue employees
• System interruption by malware

What else might I need to consider when buying Cyber Insurance?

The range and levels of cover that you need will depend on what sort of business you operate.

If any part of – or individual within – your organisation can be considered a ‘data controller’, you could benefit from Cyber Insurance. This is because a cyber breach can be caused by either an IT system or human error. The specifics of your policy will therefore need to cover a range of threats associated with cyber attacks and data loss, as listed above. All of these aspects can be tailored around your business.

In addition, you will need to consider the more standard covers that many businesses will need – public and employers’ liability, as well as protection for your premises and contents as well as business interruption.

Why choose Viking Direct Insurance Services for my Cyber Insurance needs?

A cyber attack on your business will not only create a major inconvenience, but can also involve substantial costs, including: investigative fees, penalties, fines, third-party liabilities, and the need for reputation management. Cyber Insurance coverage can offer peace of mind that your business is protected from these costs should you suffer a cyber breach.

Business insurance small print can be bewildering and takes time to understand. Viking recognises this and aims to make your insurance purchase as pain-free and quick as possible.

Viking Direct Insurance Services has been established to offer fast, cost-effective, business insurance solutions exactly when you need them. With a selection of policy options from over 75 insurers, there’s a wide choice and it’s all backed up by a UK-based call centre.

Why not get in touch today and see what you could save on your Cyber Insurance policy?