Have you heard of cyber insurance?

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