In today’s digital landscape, businesses across Perth, Sydney, Melbourne, Brisbane, and Canberra face constant cybersecurity threats.
BAU Risk’s Cyber Insurance provides essential coverage to protect companies from cyber risks, including property damage, liability claims, and business interruptions. This coverage enables businesses to focus on growth without worrying about the financial repercussions of a data breach or other cyber-related incidents.
According to the Australian Cyber Security Centre (ACSC), cybercrime costs Australian businesses up to $29 billion annually.
A report by PwC Australia indicates that 70% of Australian companies have experienced at least one cyber attack in the past year.
Cyber Insurance from BAU Risk addresses several vital areas of protection. Property insurance secures assets and technology infrastructure from damage or loss due to cyber incidents, a key factor in maintaining operational stability. Public liability insurance handles third-party claims in case customer data or sensitive information is compromised. Business interruption insurance offers financial support if a cyber event disrupts operations, allowing businesses to recover quickly. Additionally, professional indemnity insurance protects against claims of negligence, especially critical in the event of data handling errors. For companies with employees, workers’ compensation insurance covers job-related injuries, while management liability insurance safeguards executives from potential legal and financial liabilities tied to cyber risks.
To learn more about how Cyber Insurance can protect your business, you can Request a Callback or Contact Us for a personalized consultation.
Protects assets and equipment from damage or loss.
Covers third-party injury or property damage claims.
Provides financial support during periods when operations are disrupted.
Provides protection against claims of negligence or errors in professional services.
Covers medical expenses and lost wages for employees injured on the job.
Offers protection against claims related to management decisions and actions.
By investing in Cyber Insurance, companies can ensure they are protected against various risks, allowing them to operate smoothly and efficiently.
"*" indicates required fields
Keeping your business covered, so you can keep business as usual.
BAU Risk Services Pty Ltd is a Corporate Authorised Representative (CAR No. 001308013) of Apollo Risk Services Pty Ltd AFSL 403727 and provides General Insurance and Risk Management Services to their Australia wide clientele.