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Authorised and Regulated by the Financial Conduct Authority. Ref 786631. ABA Insurance Commercial Ltd & ABA Commercial Insurance Ltd Company Registration No.10778761 Company Registration No. 09148855

63 Pelham Road South, Gravesend, Kent, DA11 8QS  |  Gill House, 140 Holyhead Road, Handsworth, Birmingham, B21 0AF

ABA Blog

Insure your business against data loss and cyber-attacks

October 14, 2017

With more and more businesses relying on online servers and networks to store vital data and records for their business, it has become even more important for businesses to store his data safely.

However, sometimes no matter how many precautions you may take to prevent cyber-attacks the reality is they can still occur. Not only does a cyber-attack put your and your customers’ data at risk, the after costs of dealing with an attack can have a crippling effect on your business.

Informing customers/clients that their data may have been breached is never easy but it can also be a very costly procedure. There is also the added cost of solving the issue and paying to firm up security against future attacks.

That is why we here at ABA Commercial Insurance are proud to introduce our Cyber Insurance Cover. Our comprehensive cover insures your business protected in case an attack ever occurs. We ensure you and your business receive the support you need in dealing with the aftermath of an attack.

Our policy covers your business against the following incidents such an incident occur:

  • Cyber Extortion – protection against an attacker extorting a ransom from you and your business. Our policy will cover the cost of the ransom to ensure you and your business are up and running as soon as possible.

  • Damage – your business will be covered against any damage done to your business by the cyber-attack.

  • Customer Communications – our policy helps cover the cost of your business having to inform your customers/clients of an attack on their data.

  • Repair Costs – we will help cover the costs of repairs your business may have incurred during the attack.

We here are ABA Commercial work together with our clients to provide the best cover for you and your business. Our policies are tailored to the needs of your business so you always know exactly what you are paying for.  

 

 

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