Financial

Cyber insurance

So what is randsomware?

Ransomware is a form of virus that encrypts your files, making them inaccessible. The criminals behind the attack then demand a ransom payment in exchange for the decryption key that will restore access. Ransomware is fast becoming a ubiquitous security threat, with nearly 54% of all businesses experiencing an attack in the past year, according to specialist research.

So is your business at risk?

If you can answer yes to any of the following then yes it is:

  1. You hold sensitive customer details, such as names and addresses or banking information.
  2. You are reliant on computer systems to conduct your business
  3. You have a website
  4. You are subject to a payment card Industry (PCI) Merchant services agreement.


“OK, so I may need cover” What will a standard cyber policy cover?

Standard Cover:

  • Support in event of a data breach
  • Compensation for loss of Income
  • Ransom/ Ransomware
  • Payment of the costs associated with regulatory Investigations
  • Reimbursement for the cost of repair, restoration or replacement
  • Liability protection if you mistakenly infringe someone’s copyright


Additional Covers:

  • Crime Cover
  • Telephone Hacking
  • At Platinum Insurance we work alongside established, recognised Insurers to provide cyber packages to meet your needs and requirements.
Talk to our team

Call our commercial team on +44 (0) 1624 693693

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Claims

Call our commercial claims team on +44 (0) 1624 693693

How to make a claim

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Office location

1st Floor, 4 Athol Street,
Douglas,
IM1 1LD
Tel: +44 (0) 1624 693693
Mon-Fri 9am-5pm. Closed bank holidays.

Phone number

Tel: +44 (0) 1624 693693
Mob: + 44 (0) 7624 456221

Email address

Justine@platinuminsurance.me