Have you heard of cyber insurance?

February 10, 2018

Cyber

Sun Insurance offers cyber insurance designed for New Zealand businesses including professional services firms.  Cyber insurance is tailored to help a business mitigate the costs involved with recovery after a cyber related security or privacy event.

 

About

Cyber insurance responds to for both first and third parties losses triggered by a cyber attack giving rise to either a security event or a privacy event.  This insurance also covers the costs of defending any third party claims. There are a range of potential losses from a cyber incident which include:

 

 

    • Forensic investigation costs

    • Data and/or software restoration

    • Liability

    • Legal costs

    • Crisis management

    • Business interruption

    • Reputation/lost business

    • Direct financial losses

    • Intellectual property

    • Physical damage and bodily injury

       

       

       

       

       

       

       

       

       

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