Covers

Additional Increased Cost of Working

cover for your additional costs that are beyond the cover of Direct Loss of Profits & Increased Cost of Working cover

Breach Response costs

cover for costs for dealing with an actual or suspected breach or your network / systems

Breach Response Service

provision of specialists for dealing with an actual or suspected cyber event

Claim Preparation Costs

cover for costs incurred to determine the loss of profits incurred following an insured (where cover includes related cover such as Direct Loss of Profits)

Computer Replacement & Bricking, System Damage & Rectification

cost of computer replacement following a cyber event

Corporate Identity Theft

cover for loss relating to electronic impersonation of you or your business

Court Attendance

cover for the costs of having to attend court in the defence of an insured claim (following a claim against you from a Third Party)

Criminal Reward

the insurer offers and pays for information that leads to the arrest and conviction of perpetrators committing/attempt to commit an illegal act against you, under coverage of the policy

Crisis Communication Costs

cover for costs of consulting and carrying out communications post and insured event occurring

Crisis Management & Public Relations

cover for costs of consulting and carrying out communications post and insured event occurring (see crisis communication costs)

Cyber Extortion

payment of a ransom demand following a cyber attack

Defamation

costs incurred following a claim brought against you for defamation and /or emotional distress from any media content

Dependent Business Interruption

cover for loss of profits and/or cost of your increased cost of working required to maintain profit suffered following a cyber attack affecting your supply chain partner

Direct Loss of Profits & Increased Cost of Working

cover for loss of profits and/or cost of your increased cost of working required to maintain profit suffered following a cyber attack affecting your supply chain partner

Extortion

payment of a ransom demand following a cyber attack (See cyber extortion)

Funds Transfer Fraud Funds Transfer Fraud Liability

funds lost following a fraudulent instruction transmitted electronically

Funds Transfer Fraud Liability

cover for when a Third Party suffers loss of funds following a fraudulent instruction transmitted electronically, purporting to be from you

Hardware Replacement Costs

see Computer Replacement & Bricking, System Damage & Rectification

Impersonation Repair Costs

cost of professional services required following electronic personal fraud, including costs incurred by Third Party’s relating to

Incident Response Costs

See breach response costs

Intellectual Property Rights Infringement

cover for cost of claim brought against you following an alleged or alleged breach of intellectual property in media content

Invoice Manipulation

cover for losses incurred following manipulation of invoice

IT Security & Forensic Costs

See Breach Response Service

Legal And Regulatory Costs

cover for legal advice and/or notification or response to regulatory investigation following a cyber incident

Management Liability

cover for costs that Directors or senior officers within a company become liable for following a claim made directly against them following a cyber incident

Multimedia Content Liability

cover for claim brought against you relating to an alleged or actual wrongful act relating to multimedia content

Network Security Liability

cover for a claim brought against you by a Third Party following a security failure of your computer systems / network

PCI Fines & Assessments

cover for PCI fines and Assessments following a data breach which compromises payment card data

Post Breach Remediation Costs

costs for additional services following a cyber attack, to avoid a reoccurrence, such as a security risk assessment or additional security awareness training

Privacy Breach Management Costs

cover for costs of notifying and rectification of a breach of personal or sensitive data

Privacy Liability

cover for costs you are legally obliged to pay following a breach of personal or sensitive information

Proof of Loss preparation expenses

See claim preparation costs

Push Payment

cover for costs relating to the removal of, and for direct loss, of following fraudulent electronic communication or impersonation of your website

Ransomware & Cyber Extortion

cover for your losses incurred following an event of ransomware or cyber extortion, including payment of ransom where necessary

Regulatory Defence and Penalties

See legal and regulatory costs

Reputational Harm or Loss

cover for loss of income due to reputational harm following cyber attack

Service Fraud including Cryptojacking

cover for fraudulent fees you have paid for professional services to a fraudulent service provider following a cyber event, or cryptojacking event

Technology Errors and Omissions

cover for costs which you are legally obliged to pay following an alleged or actual act, error, omission, or breach of contract in the provision of your technology services

Telephone Hacking

cover for the cost of unauthorised calls, and costs of unauthorised bandwidth use, following the hacking of your telephone system

Theft Of Funds Held In Escrow

cover for theft of money or financial assets belonging to a Third Party, which is being held in a bank account that you are responsible for

Theft Of Personal Funds

cover for theft of a Director or Senior Officer’s funds following a cyber attack

Third Party Privacy Breach Management Costs

cover for costs of notifying and rectification of a breach of personal or sensitive data where that data is held by a Third Party that has been affected by a cyber attack on you