Cyber Insurance

Cyber Insurance from Techinsure.ie

Cyber insurance is a type of insurance that safeguards your business from technological threats such as data breaches, ransomware, and cyber-attacks on your IT systems. As technology progresses, companies need new forms of insurance to protect them from these emerging digital threats that can result in significant liabilities. Cyber insurance offers coverage for an organisation’s exposure to network risk, which includes privacy liability, regulatory fines, and business/network interruption.

Techinsure.ie works with a variety of insurers who provide a comprehensive cyber crime extension to their cyber and data insurance policies. This extension covers losses from cyber-dependent and cyber-enabled crimes, as well as those stemming from social engineering.

Get a quote from Techinsure.ie now:

    • Mark Horan

    Contact Mark

    Should you wish to avail of a free no obligation quotation please do not hesitate to contact Mark Horan in our Cork Office on (021) 4275 347 or email mark.horan@mbcinsurance.com

    Cyber Insurance Coverage

    Cyber Dependent

    These crimes can only occur through a computer. Examples include:

    1. Someone hacking into a system to steal funds or place fictitious orders for physical goods.
    2. Keylogger malware capturing online banking credentials, leading to subsequent fund transfers.
    3. Compromised telephone systems used for making calls to premium rate numbers.

    Cyber Enabled

    These risks typically involve traditional crimes extended by the use of electronic means, often through social engineering tactics. Examples include:

      1. The email account of a director or supplier being cloned or hacked to send fraudulent payment instructions.
    1. A phishing email masquerading as a message from a business’s bank, urging the recipient to enter account details and passwords on a fraudulent website.