If your fire insurance to protect your buildings, or theft insurance to protect your equipment and contents are considered essential to the operation of your business, then why wouldn’t you need Cyber Insurance to protect your business critical data?
All businesses insure their property and their assets but many do not cover their data. Data is incredibly important and you are often responsible for its safety.
Even the latest security systems can be subjected to attacks and be negatively impacted due to human error mistakes. Your system is critical to the day to day running of your operations, the longer it is down, the worse the situation for your business.
If you would like to find out more about which cyber policy is right for your business, Sagar Insurances have compiled a cyber risk calculator to reveal how vulnerable your business may be to cyber-attacks. Find out your cyber risk score.
Technology companies can be at high risk of Cyber attacks read more about our insurance for technology companies.
Would you like to assess your business' cyber vulnerability? Take one minute to go through our Cyber Risk Calculator test here
Rectification Costs 1st Party
Policies from Sagar Insurances protect companies against both financial loss and the third party costs attributed to a data breach. Losses are predominantly caused by viruses, hacks, DDoS (Distributed Denial of Service) attacks, extortion, phishing, but most commonly, human error.
For a bespoke insurance quote or for more information on the areas we cover, call us on:
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