Cyber & Data Insurance
Keeping data secure matters – your own information and anything that your clients trust you with. If a hacker targets your business, there’s an IT failure or you (or someone in your business) accidentally shares something they’re not supposed to, it takes time and money to fix. Putting a cyber and data risks insurance policy in place means you’re protected.
In order to understand your firm's exposure to Cyber related risks, take a look at the Hiscox Cyber Exposure Calculator link here:
Hiscox have developed this tool to help raise awareness of the potential financial impact of a cyber-attack. Understanding the value of data allows businesses to make more informed decisions about how to manage the risk, which can be a combination of risk reduction, risk transfer and risk retention.
The tool provides an estimate of the value of a company’s data and has been designed for educational purposes only. This tool is not intended to be and should not be taken as providing any professional advice and should not be relied upon or used by you as the basis for making decisions. The cyber threat is continually evolving, and therefore we would strongly recommend that additional advice is taken before buying risk reduction or risk transfer products.
The tool has been developed by cyber and actuarial experts and calibrated with industry claims data.