1 min read
2nd November 2021
2nd November 2021
Cybercrime
Cybercrime, or crime undertaken online via means of a computer or the internet, is now one of the fastest growing crimes in the UK. In a world dominated by technology, crime is changing and the threat of cybercrime is increasing.
What Is Cyber-Crime?
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Eligibility.
Who Can Take Out This Cover?
- Businesses and companies that are based in England, Northern Ireland, Scotland or Wales.
If you answer yes to any of the following:
- hold sensitive customer details? Such as name, address, date of birth or bank account details.
- use computer systems to conduct your business?
- have a website?
- use online payment and/or is subject to a payment card industry (PCI) merchant services agreement?
Your business could be vulnerable to a data breech or loss of vital business services.
What Types Of Protection To My Business Does A Cyber And Data Insurance Policy Provide?
Listed below are some of the costs/benefits this policy could protect your business against:
- Ransomware - Cyber Extortion.
- Breach Costs.
- Crisis Containment.
- Cyber Business Interruption.
- Hacker Damage.
- Privacy Protection.
- Multimedia Liability.