The COVID-19 pandemic has emphasised the significance of cyber protection – and Professional Risk Underwriting Pty Ltd (ProRisk) is meeting that need with the launch of a new cyber & privacy liability product for organisations domiciled in Australia with a maximum of 500 employees and up to $25 million in turnover.
ProRisk’s new Cyber & Privacy Liability Insurance Policy includes cyber extortion & ransom payment cover, privacy statutory liability cover, cybercrime data and application restoration costs, social engineering cover, and other benefits. It is available exclusively on ProRisk’s quote/bind trading platform, ProBind.
“Cyber protection has been thrust into the spotlight with COVID-19. Cyber criminals are exploiting the global focus on COVID-19 and the new normal of working from home to infiltrate networks and extort money. Cybercrime costs…
