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With new Privacy Legislation introduced in February 2018 regarding mandatory breach notifications, and increased publicity around cyber attacks, has come a heightened awareness of privacy and cyber exposures. The numbers are alarming with more than 20% of Australian businesses experiencing cyber crime, and 40% of all attacks directed at SME’s.
Some of the common events that can result in a cyber claim include:
· a hack attack
· breach of privacy
· lost or stolen iPad or laptop
DUAL's Cyber Liability & Privacy Protection policy provides the following key elements of cover:
Instant quotations are available on the WebRater under Cyber Gold for businesses with up to $5,000,000 revenue and under Cyber Platinum for businesses with up to $50,000,000 revenue. For more information, contact your local Underwriter.