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      • Key Person
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      • Marine Transit
      • Professional Indemnity
      • Public Liability
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    • Superannuation
      • Retirement Planning
      • Self Managed Super Funds (SMSF)
      • Wealth Accumulation
  • Resources
    • Videos
    • EOFY
    • E-Books
  • News & views
  • About
    • The IAS approach
    • The IAS Investment Philosophy
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      • Trauma Insurance Case Study
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      • Business Interruption Case Study
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      • Contract Review Case Study
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Cyber Protection

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With computer hacking and data breaches on the rise in Australia, cyber insurance is now a critical protection for most businesses. The scale and reach of malicious cyber activity has grown exponentially in recent years and can be hugely expensive and disruptive to affected businesses.

Do I need Cyber Insurance?

If your business has a website or electronic records, you are vulnerable to cyber hackers. A cyber-attack can cost you more than just money — it can put your intellectual property and customers’ personal information at risk, damaging your reputation.

What can Cyber Insurance cover?
  • Cyber extortion
  • Business interruption losses
  • Electronic data replacement
  • Security and private liability
  • Defence costs
  • Regulatory breach liability
  • Electronic media liability
  • Crisis management expenses
  • Notification and monitoring expenses
Other things to consider

Depending on your policy, you may be able to make a claim for losses incurred by business interruption caused by cyber-attacks, as well as the costs of recovering your data, upgrading your software, or ongoing crisis management solutions.

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ABOUT US

Incorporated for over 40 years ensures experience, knowledgeability and skill at identifying unforeseen risks and producing effective strategies. Unlike most brokers, we do not rely upon mathematical formulas or statistical models generated by computers to produce solutions– we believe every client is unique and our approach is tailored accordingly.

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Street Address
Level 2, 273 Alfred Street
North Sydney, NSW 2060
Postal address
PO Box 1073
North Sydney, NSW 2059
Call: (02) 8268 2900

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