Cyber liability
You’re covered against damages and legal costs arising from a claim made against you, or your employees, directors or officers, as a result of failing to secure data or info. You (and the reputation of your company and products), are also covered if you unintentionally transmit a computer virus to a third party.
Data breach expenses
You’re covered against breaching your data privacy obligations. We also cover the crisis management-, legal- and support service costs involved.
Computer system damage, data, extra costs and business income
You’re covered against:
- Investigating, reconfiguring and rectifying any damage to your computer system/the computer system of a service provider.
- Extra costs to prevent/reduce the disruption to the functions carried out by your computer system during the indemnity period.
- Your loss of business income.
Cybercrime
You’re covered against:
- Financial loss as a result of a fraudulent input, or the destruction/modification of data.
- The cost of proving that transactions are fraudulent, and that contracts or agreements were entered into fraudulently.
- The cost of contracting specialist support to prove that a threat is genuine and to help you to respond.
- Your liability for paying your telephone service provider as a result of your computer system being hacked.
Extra costs
You’re covered for extra costs such as:
- Accounting fees.
- The cost of hiring professionals to advise you on how to avoid corruption.
- Investigation costs.
- Loss-prevention services.
- Repairs and replacements.
- Security audits.
