Most professional firms do not have cyber risk insurance that will provide financial support and protection following a cyber-attack. This is a vital new line of insurance cover that professional firms and other organisations need to protect their businesses.
Traditional professional indemnity and management liability insurance policies are not designed to cover these new and evolving cyber risks. Specialist cyber insurance is now an essential part of an organisation’s armoury against phishing emails, online fraud and extortion.
Even with the best security software that IT budgets permit, office networks will be penetrated. One click of a rogue email by an employee to infect one or more workstation, allow hackers in, cause a data breach or even a cyber ransom.
Cyber insurance offers you the certainty that there is someone to call, immediately, 24/7, to help you manage the situation, to offer legal advice, to call in forensics to scan systems, to manage customer concerns, and to help deal with regulators.
Hera Indemnity, working in association with RSA insurance company, offers the legal profession effective and marketing leading cyber risks insurance and crime protection products to mitigate these cyber risks.