Protect Intellectual Property & Confidential Data With Cyber Insurance
Many business owners underestimate both the likelihood and the impact of a cyber incident.
Cyber incidents affect almost half of Australian small- to medium-sized businesses each year (Source: BDO and AusCERT 2016 Cyber Security Survey), disabling business systems and holding critical data to ransom.
A cyber incident or data breach can result in the loss of your intellectual property and your customers’ confidential data.
The flow-on effects can be significant - financial loss through fraud, lost income, remediation costs, litigation, and especially, damage to your reputation.
BDO is working with Cyber Plus to provide businesses with a range of cyber insurance services.
This unique service offering is designed to assist business owners before, during and after a cyber incident, and includes:
- Cyber insurance readiness self-assessment
- Cyber insurance risk assessment
- Detailed cyber insurance review
- Cyber insurance design service
- Claims preparation service.
Cyber insurance readiness self-assessment: This free service provides you with an introductory assessment of your organisation’s approach to cyber risk management. This will allow you to quickly determine whether your organisation is ready to adopt cyber insurance. Access the self-assessment here.
Cyber insurance risk assessment: This service enables you to identify and understand the cyber risks your business is exposed to. We assist you to develop strategies to reduce, avoid or transfer risk.
Detailed cyber insurance review: This service provides you with a thorough assessment of your current insurance program to determine what (if any) cyber coverage is available or identifies what may be missing.
Cyber insurance design service: This service assists you to design a tailored cyber insurance policy that meets your specific needs.
Claims preparation service: This service supports you through the process of lodging an insurance claim after a cyber incident. We assist you to verify the impact on your business to maximise your claim.
These services have been developed to address the areas of most concern to all businesses, such as reputational damage, loss of revenue, business interruption, mandatory data breach reporting, and more.
For more information about our cyber insurance related services, complete the form below.
Please fill out the form below to contact us. Alternatively, please call us on 1300 138 991.
Cyber security consultation