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How does Cyber Insurance complement my Cybersecurity measures?

Cyber Insurance doesn’t replace strong cybersecurity; it supports it. Your internal IT controls help prevent incidents, while insurance helps manage the financial and operational fallout if something still goes wrong.

Cyber Insurance can provide:

  • Financial protection if your business suffers a cyber incident
  • Access to expert services such as forensic IT, legal support, and crisis management
  • Help with breach response and regulatory notification obligations

Insurers usually require you to have key protections in place before cover is issued. These may include:

  • Multi-factor authentication
  • Regular data backups
  • Endpoint protection
  • Staff awareness training

Your IT provider plays an important role in ensuring your systems meet these minimum requirements.

Together, cybersecurity measures and insurance provide a more complete risk management solution.

If you’re unsure whether your business qualifies for cover or want help assessing your risk, contact us and we’ll walk you through the options.