Interesting question isn't it.

In short, it's insurance that's designed to help protect your business from the financial impact of computer hacking or a data breach - incidences of which are increasing at an alarming rate and malicious actors are rapidly evolving. There's a range of policy types , but they include: business interruption losses; Cyber Extortion; Defence costs; Electronic Data Replacement; and Regulatory Breach Liability - as well as coverage to help with the extra expenses involved in Crisis Management and Notification & Monitoring expenses. The issue of compromises by cyber attack is real and the associated financial and reputational damage costs are high. Call Sean Kenny at Perrier Ryan General Insurance today to talk about your circumstances and he'll work with you to tailor a solution that fits. Call the office on 3391 7566 in the first instance.