Data Breach Costs



Every organisation relies on data storage to perform effectively. While a strong cyber security plan can protect this to an extent, there may be a time you find yourself scrambling in the aftermath of a significant data breach.

Emails, bank details, personal information… The list is long and winding for anything your organisation might find compromised. Given the seriousness of the incident, the price to rectify it can be more than you expect.

That’s why it pays to partner with a team of insurance experts, like Riskbox Cyber, who can mitigate any financial pressure. Our plans cover the majority of data breaches, including those triggered by employee theft, memory stick loss and hacking.

 

Why should I get cover for data breach costs?

Whether we’re considering the possibility of a lost device, a misplaced attachment, insecure passwords or a third-party assault on your IT network, the result is the same – paying for remedial efforts such as legal fees and digital forensics.

With our data breach cover, you have a clear, comprehensive plan for recovery. This extends to legal, forensic and notification costs, so you can get to the bottom of what occurred, and how. To minimise the impact, it also covers expenses for third party fees, such as call centre operation and credit monitoring, as well as services provided by suppliers, like web designers or hosting companies.

A small investment now can make a world of difference in the event that the worst does happen, ensuring you bounce back as quickly as possible.

 

A safe bet for your future

Don’t let a hiccup cripple your organisation. RiskBox Cyber offer simple, well thought out insurance for the all-too-common occurrence of a data breach, so you can breathe easy knowing that we’ve got you covered.

If you have any questions, our friendly insurance experts are always on hand to help; arrange a discovery call for a chat about your needs.