SME to Large Business

Cyber Insurance

Protecting your business from digital risk

Cyber threats are one of the fastest-growing risks facing Australian businesses today. Cyber Insurance can help protect your business against a range of cyber threats and exposures, including cybercrime, data breaches and system interruption.

At Network Insurance House, we are specialists in Cyber Insurance and Risk Management. We help businesses of all sizes strengthen their cyber resilience to protect against the financial and operational impact of a cyber event.

Your Trusted Australian Risk Advisor

Why Cyber Insurance matters

Every business that uses technology, from processing payments to storing client data, faces cyber risk. The financial and legal consequences of a data breach, system failure, or cyber attack can be severe, especially for organisations that hold sensitive information.
Financial protection
Covers costs associated with data recovery, business interruption, and liability claims following a cyber incident.
Business continuity
Minimises downtime and helps your business recover quickly from a cyber attack or data breach.
Peace of mind
Gives you and your clients confidence that your business is prepared, protected, and supported in the event of an attack.

What does Cyber Insurance cover?

Cyber Insurance and Risk Management cover can include protection against:
Data loss and liability
Protection for the loss, theft, or unauthorised disclosure of corporate and personal data, including sensitive client, employee, or financial information.
Business and network interruption
Cover for loss of income or increased operating costs caused by a cyber event such as a denial-of-service attack, ransomware incident, or system outage.
Cyber and privacy extortion
Protection against ransom demands and related costs associated with terminating or mitigating a cyber extortion threat.
Incident response and recovery
Access to expert support services including IT forensic specialists, crisis communications, and legal advice to manage and recover from a breach.
Regulatory and legal expenses
Cover for investigations, defence costs, and penalties arising from breaches of privacy or data protection regulations (where insurable by law).
Where Experience Meets Innovation

How we support you

  • We can assist in isolating your potential exposures and help you develop a tailored risk management plan 
  • We work with trusted insurers offering comprehensive cyber protection.
  • We act as your advocate at claim time, managing the process for a fair and efficient resolution.

What happens if I have a claim

  • We help you respond quickly to cyber incidents to minimise damage.
  • 24/7 access to a technical security team.
  • We can coordinate with IT forensic, legal, and communications experts.
  • We handle the process with clarity, confidence, and professionalism.

Protect your business against cyber threats

From data breaches to ransomware attacks, we will help you strengthen your cyber resilience and secure the appropriate protection for your organisation. Contact us today to discuss a tailored Cyber Insurance and Risk Management solution.

FAQ

Frequently Asked Questions

  • What is Cyber Insurance?

    Cyber Insurance helps protect your business from the financial and operational impacts of cyber incidents such as data breaches, ransomware attacks, or system outages. It covers costs related to data recovery, business interruption, and liability arising from a cyber event.

  • Do small businesses need Cyber Insurance?

    Yes. Small and medium-sized businesses are often the most vulnerable to cyber attacks. Even a single data breach or ransomware incident can cause significant financial loss or reputational damage. Cyber Insurance provides essential protection and access to expert response services.

  • Is Cyber Insurance included in my Business Insurance policy?

    Not usually. Most standard Business Insurance policies exclude cyber-related incidents. A standalone Cyber Insurance policy provides dedicated protection for your digital risks, including data breaches, privacy breaches, and network interruptions.

  • What should I do if my business suffers a cyber attack?

    Some policies allow for a 24/7 cyber incident response. Cyber Insurance policies can include access to IT forensic, legal, and crisis communication experts who can help contain the breach, restore systems, and manage notifications.

  • Does Cyber Insurance cover ransomware or extortion payments?

    Policies can include cover for extortion-related losses, including ransom payments and the costs of negotiating or resolving a cyber threat, subject to policy terms and applicable laws.

Partnering with you to protect what matters
Network Insurance House Pty Ltd ABN 19 162 437 256 CAR No. 001317943 is a Corporate Authorised Representative of Network Insurance House Broking Pty Ltd ABN 95 159 898 398 AFSL 435538
Network Insurance House Tasmania Pty Ltd | ABN 64 626 787 433 | CAR No. 1266939 is a Corporate Authorised Representative of Network Insurance House Broking Pty Ltd | ABN 95 159 898 398 | AFSL 435538

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