CYBER INSURANCE
Cyber Insurance for the Digital Age.
Protect Your Assets, Data, and Online Reputation.
Cybercrime is a growing threat, and it doesn’t only affect large enterprises. In 2016, Symantec reported that 43% of all cyberattacks were targeted against small businesses. As more companies move from offline to online and rely on integrated digital tools, the risks continue to increase.
If you store any confidential information online, including passwords, credit card data, addresses, or emails, you need to be prepared for a cyberattack. Government regulators have also raised the stakes with strict privacy requirements, fines, and penalties. Can you afford the risk of escalating claim costs?
Protect your reputation, data, digital assets, and electronic equipment with comprehensive cyber insurance.
Simple Solutions for Complex Coverage
Cyber policies are dynamic, and many insurance companies are expanding their policies to stay ahead of evolving cyber threats. Some insurance carriers offer limited cyber coverage with riders and endorsements, but it may not be enough. Nova Protect Insurance can help you find the right level of coverage to match your company’s size, digital presence, and level of risk. Start exploring your coverage options:
Cyber Protection – A Personalized Approach
Our team of insurance experts will research and find the best cyber coverage for you. We work on your behalf to ensure that you are fully covered with a policy that you can trust. Robo-quote questionnaires don’t cut it! Talk to a real person, get one-on-one support, and walk away with a competitive, comprehensive quote.Let’s start with a conversation.
- Computer Forensics Costs
- Public Relations and Crisis Management Assistance
- Setting up a Call Centre, which allows customers to learn details about the breach
- Notification Costs
Security Wrongful Act coverage for actual or alleged damages resulting from:
- Theft, alteration, destruction or unauthorized release of Electronic Data
- Unauthorized access or use of the company’s computer system
- the company’s computer system being used in a Denial of Service Attack directed against a third party’s computer system.
- The transmission of malicious code from the company’s computer system to a third party’s computer system
Payment Card Industry Fines and Assessments
Coverage for fines and penalties against your company due to non-compliance or breach of PCI data security standards.
Privacy Liability
Third party claims brought against your business for alleged or actual privacy violations.
Data Asset Coverage
Coverage for the restoration and recovery of lost data due to a cyber breach.
Cyber Extortion Coverage
After a cyber breach, coverage for computer-aided extortion and ransom demands.
Social Engineering/Fraudulent Instruction Coverage
Coverage for losses that result from the fraudulent transfer of funds in direct response to a social engineering communication.
Bricking
Replacing parts of your physical computer systems that are not damaged but corrupted, destroyed or altered as a direct result of a security failure
Regulatory Defense & Penalties Coverage
This section provides coverage for interactions with Provincial and Federal regulators, which includes legal defense costs required due to regulatory actions, fines, and penalties.
Business Interruption
Coverage to protect against loss of income due to a covered cyber breach.