How can Cyber Insurance protect my devices?

Living

5 min read

What is cyber insurance?

Firstly, you may be wondering what cyber insurance is and what it covers? At AbbeyAutoline we provide a wide range of insurance products from car and home to business and travel. 

Cyber insurance falls underneath our specialist insurance products, it is a tailored policy that can be bought as a standalone or combined. It has been designed to protect your electronics and data in the event of a digital threat. 

In this blog, we discuss the importance of having cyber insurance coverage for your business. 

Whether you are operating a monopoly of businesses or you’re running your very own empire, our specialist advisors will ensure that you get the most suitable policy for your needs. 

Why does my business need cyber insurance?

As careful as we all try to be, there are some things that we can’t predict. In today’s digital age cyber risks such as phishing and data breaches are becoming more common.

Phishing, imitation fraud and ransomware are just a few examples of a cybercrime. No matter how secure you feel your data and devices are, it is important to understand that cyber scams are a possibility.

However big or small your business is, it is essential that you have the correct and up to date insurance cover in place should the worst happen. 

General Data Protection Regulations (GDPR) means that now more than ever we need to protect the data of our customers, employees and suppliers. Should a cybercrime happen and your data is exploited, your business could risk a hefty fine.

This is why cyber insurance plays an important role in your business operations. 

What does cyber insurance cover?

At AbbeyAutoline we can arrange cover for businesses or on an individual basis. Our cyber insurance policy has been designed to counteract the threats posed by hackers on your data and help to protect your brand.

This policy provides coverage for your computers, data and all cyber risks. It gives you the peace of mind in the event of such incidents occurring.

Additionally, cyber insurance offers assistance with ongoing costs in relation to: 

• Overtime to rectify systems
• Liability lawsuits which a business may be subject to 

How can I get Cyber Insurance?

Cyber insurance can be added to an existing business insurance policy or be bought as a standalone. 

To get cyber insurance coverage, please phone our dedicated and trained advisors on 08000 66 55 44.