In a world of information and information systems, the cyber threat is now a fact of life for all businesses dealing with electronic data held on computers, servers or online. Here at OBF Insurance Group we recognise the cyber risk threats that modern businesses are facing and we are in a position to offer a Cyber Insurance product for you and your business. If you wish to discuss possible scenarios or simply enquire about our cyber insurance policies further, please call us.
Key Features
Access to Domestic and UK Markets
Dedicated and experienced team
Bespoke cyber insurance policies
Broker to Broker facility available
Key benefits
Data Liability
Administrative Obligations
Reputation and Response Cost
Options to Include: MultiMedia Liability & Network Interruption
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Features
Cyber Insurance is one of the latest insurance products on the Irish market designed to protect businesses and limit their exposure. Here at OBF Insurance Group we have the ability to guide you through the process of obtaining the right cyber liability protection for your firm.
TOP TIP #1
Seek cyber risk insurance coverage for loss of data, not just data theft
TOP TIP #2
Get cyber liability coverage for claims resulting from your data vendors' errors and omissions, not just your own
FAQs
Q: What is cyber crime?
A: Cyber crime is criminal activity conducted using computers and the Internet, often financially motivated.
Cyber crime includes identity theft, fraud, and internet scams, among other activities.
Q: I have a small business holding data for no more than 300-400 clients - do I need insurance?
A: As long as you are holding your clients’ data on file you are exposed and you should consider taking out a cyber insurance policy.
Cyber crime is happening more and more to small and medium size businesses as they are considered more vulnerable by the criminals.
Q: How does a cyber insurance policy complement my current business IT security strategy?
A: No matter how good and secure your IT systems are, there are unforeseen threats and fraud schemes that even the best-designed internal controls cannot prevent. Therefore cyber insurance should be a strong consideration of every company’s IT security strategy.
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