Protect your business against cyber threats
Cyber risk is one of the leading risks for Australian small to mid-sized businesses, with companies employing between 1 – 250 people the most at risk. The average cost of a cyber incident in Australia is in excess of $250,000, so it is imperative you protect your business from these emerging risks.
Cyber incidents can result in thousands of dollars in remediation costs, customer notification costs, hefty regulator fines, extortion costs or being sued by customers or employees for the loss of personal information – and unfortunately small businesses are one of cyber criminals favourite targets.
A cyber incident can be as simple and innocent as attaching the wrong file to an email or using an image on your website which has been copyrighted by another entity to more complicated situations such as a hacker attack and loss of customer information.
CGU Cyber insurance – Cyber Defence – protects your business from the costs associated with these incidents.
CGU Cyber Defence has a broad range of cover tailored for the needs of small to medium sized businesses, including:
When you take out CGU’s Cyber insurance, you have access to a 24/7 incident response team ready to manage all cyber incidents and data breaches from initial notification through to resolution. When it comes to a cyber attack, hours count, so being able to call on our cyber incident experts could save your business thousands in the long run.
The incident response team includes IT forensic investigations, lawyers, credit monitoring specialists, public relations consultants as well as call centre and mail house services.
Should an incident occur, you can be assured of rapid action with clear and transparent communication throughout the incident recovery process.
Download these Cyber Claims Examples for more information about the types of claims CGU’s Cyber Defence can see it through for your business.
Our Cyber insurance products are available through insurance brokers and authorised representatives. An insurance broker will give you advice to make sure you have the right cover for your business needs.
Find an insurance broker