How Do I Sign Up For The Cyber Liability Insurance?

Protecting your organisation against the risks associated with a cyber breach is crucial. The costs of a security breach can be considerable so you must ensure financial provision is in place should the worst happen.

Cyber Liability Insurance gives you valuable protection as well as logistical support in the event of an incident taking place. It provides added protection should your security measures fail.

What is Cyber Security liability insurance?

If a UK or Crown Dependencies organisation has a turnover under £20m and achieves the basic level Cyber Essential certification, they may be entitled to apply for Cyber Liability Insurance.

Cyber Liability Insurance protects you in the event of a cyber incident taking place. As well as providing up to £25,000 of cover in the event of a security breach, it also provides access to a 24-hour helpline. This allows you to report cyber incidents and provides valuable crisis management.

Cyber Liability Insurance is another benefit of gaining Cyber Essentials certification for your organisation, providing a second tier of protection should your business come under attack.

If your organisation has secured a Cyber Essentials certification, then you will be able to access Cyber Liability Insurance on an opt-in basis. This provides valuable protection for your organisation and can cover financial losses, legal expenses, and fines associated with data breaches and other cyber incidents.

Why take out Cyber Liability Insurance?

Cyber Security insurance for businesses gives your business added protection against the threat posed by cybercriminals and can act as a key component of your comprehensive risk management strategy.

Should you choose not to take out a cyber liability insurance policy you may face extensive financial losses, reputational damage, and legal liabilities should you be a victim of a Cyber Security breach. Recovering from a cyber incident without having business Cyber Security insurance in place can be costly and prolonged. In many cases, it could even impact the long-term viability of the business.

What does it cover?

1. Liability

2. Event Management

3. Extortion Threat

4. Regulatory Investigations

5. Network Interruption

Curious About Cyber Essentials In Action? 

Learn how a software development company nailed the security basics with Cyber Essentials, making their continuous security journey easier and more manageable.

Increased Indemnity & Wider Cover

Basic Cyber Liability Insurance dependent on Cyber Essentials certification has a £25,000 indemnity limit. This can be sufficient for a small breach or incident but may not be adequate if your business suffers a serious security incident. More extensive cover and a higher indemnity limit will require a more tailored cyber insurance policy.

Cartoon hand showing expert tools in cyber security

Achieve Cyber Essentials Certification with Equilibrium Security

Before your organisation can enjoy the benefits of Cyber Liability Insurance you must first achieve a Cyber Essentials certification.

Equilibrium Security is one of the few Cyber Essentials UK Certification bodies within the Midlands. We have been working alongside IASME conducting Cyber Essentials and Cyber Essentials Plus assessments since 2016.

We work with you to help you improve your security and achieve certification. We have the expertise and experience to help you deliver your security strategy.

Contact us to find out how we can help you protect your business from the consequences of a cyber-attack.

Customer Feedback

Victor Stephenson-Henshaw
Victor Stephenson-Henshaw
Learn Plus Us
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Learn Plus Us recently worked with Jacob and the team at Equilibrium Security to pass our Cyber Essentials Plus accreditation. We found them to be extremely supportive and knowledgeable throughout the process. They were always available to answer any questions we had and provided us with the guidance and resources we needed to ensure a successful outcome. We found them to be a pleasure to work with and would highly recommend them to anyone looking to pass their Cyber Essentials Plus accreditation.
The Institute of Clinical Science and Technology
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I have undertaken my organisations Cyber Essentials Plus certification with Equilibrium for another year recently. It is such a positive experience, straight forward and clear. They have again provided great support and guidance to complete the certification, and as always a level of professionalism and expertise that provides great value to our organisation.
Arif Shah
Arif Shah
Cority Cohort
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Equilibrium Security have been our vendor of choice for Cyber Essentials for the last 4 years. They are always professional, helpful and patient, with lots of good advice on hand to guide us through the process. I can thoroughly recommend their services.