Talos Cyber Security Insurance

oh no cyber attackDo you own a business providing products or services online?

Do you take electronic payments for your services?

Do you store private or financial information about your clients, or third party in a digital format?

Do you have Cyber Security Insurance to protect you and your business if something goes wrong and confidential information is accessed?

As a business owner or self-employed consultant, you have a legal responsibility to your clients to keep their data secure. Cyber risk is on the rise, with data breaches affecting hundreds of millions of digital records each year and the number of breaches rising at a dramatic rate as hackers become more sophisticated and widen their reach. Awareness by customers has also increased, fueled by heightened media attention to cyber-security breaches and litigation.

Why is cover for Cyber Security Insurance important?

Cyber Security Insurance protects your business from claims made against you by clients for the theft of their private information. It may also protect you and your business against the legal costs of a claim for damages arising from a cyber security breach. 

Choosing the right amount of insurance to protect your business can depend on a number of factors. At Talos we’ll work with you and our insurers to help you get the right cover for your circumstances and future needs. 

In any line of work, there is potential for something to go wrong. If and when these incidents happen, you or your business could be held liable. Our insurers will assess the potential for your business to incur a Cyber Security breach, and the type of cover required. 

Cyber Security Insurance policies can provide coverage for:

Third Party Liability coverage is also available - pursuant to the Cyber Security Liability insuring clause, which may include coverage for:

Regardless of the size of your business, Cyber Security claims can be financially crippling, and even when an incident occurs where you are not at fault, you could still incur significant legal costs in defending yourself.

At Talos we’ll work with you and our providers to find you the best, most competitive Cyber Security Insurance for your situation, saving you time and money, and most importantly protecting your bottom line.

Now that’s peace of mind…

Whether you’re a small, medium or large privately held company, we’ll negotiate with insurers on your behalf to get the best cover and value.

Being covered just makes good business sense.

Contact Talos Insurance and Risk Solutions for further advice.