15 Jun How businesses can mitigate their loss in the event of a Cyber-Attack
How businesses can mitigate their loss in the event of a Cyber-Attack
Did you know that if you have a turnover of less than $3M (with no online sales) and Annual transactions and records up to 10,000, you could be eligibility for an affordable stand-alone Cyber Insurance Policy?
Two simple questions to confirm your eligibility is all it takes to help mitigate your risk against a Cyber Event. Click here to confirm eligibility.
Introducing Cyber 1st Aid
Cyber 1st Aid is a stand-alone policy aimed at providing businesses, that do not need to comply with the Privacy Act, with an affordable Cyber Insurance policy. Cyber 1st Aid aims to get your business operating back to normal and as soon as possible after a cyber-attack, by providing cover of $100,000 annual aggregate limit for the following:
- Losses to your business – Costs and revenue replacement cover.
- Cyber event response costs – Costs to respond to a cyber event, such as virus extraction, securing/ restoring your data and notification/ Public Relations costs.
- Legal expenses – Cost for you to obtain legal advice.
Can you afford to have your computers ‘down’ for 23 days?
How would that affect every facet of your business’ operations? The average time to resolve a cyber-attack is 23 days, which increases to 50 days if the attack was an inside job.
Cyber 1st Aid provides you with a 24/7 support service to provide you with professionals to help get you back up on your feet as soon as possible, if an eligible attack occurs. Knowing you’ll have access to I.T. investigators, forensic accountants and public relation consultants is critical to mitigating potential threats and having your business up and running as soon as possible.
Two simple questions to confirm your eligibility is all it takes to help mitigate your risk against a Cyber Event. Click here to obtain a Quote
Need a more comprehensive policy
For a quote on a more comprehensive Cyber Insurance policy with higher limits, longer indemnity periods and optional covers, please visit our Cyber Event Protection Proposal Form. Further information on Cyber Insurance and how it could affect your business, may be provided by contacting CRM Brokers on 1300 880 494.
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Important Notice
This article provides information rather than financial product or other advice. The content of this article, including any information contained in it, has been prepared without taking into account your objectives, financial situation or needs. You should consider the appropriateness of the information, taking these matters into account, before you act on any information. In particular, you should review the product disclosure statement for any product that the information relates to it before acquiring the product.
Information is current as at the date the article is written as specified within it but is subject to change. CRM Brokers make no representation as to the accuracy or completeness of the information. Various third parties have contributed to the production of this content. All information is subject to copyright and may not be reproduced without the prior written consent of CRM Brokers.
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