Cyber liability insurance for charities

Cyber Liability Insurance for charities

There are only two types of companies, those that have been hacked, and those that will be.

Does your charity:

  • Hold sensitive customer data electronically, such as names, addresses or banking information?
  • Rely heavily on IT systems and websites to operate?
  • Have a website?
  • Use email or social media?
  • Accept payments online or by card?

If the answer to any of these is yes, we advise protecting yourself from cyber crime.

What’s covered?

A Cyber Liability insurance policy can cover the following type of losses:

  • Breach costs can offer practical support in the event of a data breach including forensic investigations, legal advice and notifying customers or regulators.
  • Cyber business interruption cover can compensate for loss of income, for example, if a hacker targets your systems and prevents your organisation from earning revenue.
  • Hacker damage cover reimburses you for the costs of repair, restoration or replacement if a hacker causes damage to your websites, programs or electronic data.
  • Cyber extortion will protect you if a hacker tries to hold your organisation to ransom by covering the ransom you have paid, as well as the services of a leading risk consultancy firm to help manage the situation.
  • Network security, privacy and confidentiality liability.
  • Network security, privacy liability (regulatory).
  • Crisis containment can provide expert support to mitigate reputational damage.
  • Privacy protection cover pays to defend and settle claims made against you for failing to keep people's personal data secure.
  • Cyber terrorism.
  • Payment card industry data security standard – fines.
  • Penalties and assessments.

Extensions which you can add to your policy include:

  • Outsource service provider or cloud service provider failure.
  • Income loss and extra expense.
  • E-Theft.

Call our experts to get a quote

Dan

Call me:

0345 040 7724

'Unity treats you individually to ensure the correct cover is in place. Very responsive to queries.'

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