Cyber Safeguard

We cover the costs of an expert IT forensic investigation company to determine the cause and extent of a security breach.

We cover the costs incurred to adequately respond to the loss of personally identifiable information including, the cost of a public relations consultant to provide advice and assistance for the purpose of mitigating harm to the business; the cost of a legal firm to advise obligations under any law that requires you to provide notice to affected data subjects; the cost of providing notice to affected data subjects where the law requires or where there is a significant risk of harm; the cost of providing a call centre service for inbound calls from affected data subjects; the cost of providing an identity theft protection product to affected data subjects.

We cover the costs incurred in the recovery, restoration, input, configuration and/or replacement of your data assets that have been corrupted, erased, encrypted, damaged or destroyed as a result of a security breach.

We cover business interruption losses including loss of profit and increased costs of working incurred as a result of a security breach or denial of service attack that impairs the availability of your computer systems or that result in an inability to reliably use your data assets that 
have been corrupted, encrypted or fail to perform their intended function.

We cover damages and claims costs arising from a breach of privacy or arising from a breach of security that results in the transmission of malicious code to a third party; the destruction of third party data assets stored by you; the use of your computer system in a denial of service attack; the prevention of authorised access to your computer systems.