Cyber Liability Insurance
The Internet culture is growing at a staggering rate, not only as a communications and entertainment medium, but also as a new business outlet. More and more companies are maximizing the business opportunities offered by this exciting medium to sell and increase awareness of their products.
However, with this new medium comes a significant increase in risk. Stride Limited can quote for Cyber Liability insurance cover to protect companies from abuse by office staff and employees. Companies face potential exposure to claims from the following areas:
Companies have a vicarious liability for the content of employees’ e-mail messages and have a direct responsibility for the content of their Internet web-site.
- Downloading of Viruses, Trojan Horses, Keyloggers etc.
Companies could face claims as a result of damage to third party software or hardware as a result of downloading a virus from their e-mails or web-site.
- Unauthorised Access
Companies could be in breach of Data Protection legislation if a third party gains unauthorized access to their records via the Internet and obtains personal data held on their system.
- Infringement of Copyright
The law of copyright extends to a publication on the Internet and applies in respect of graphics, sound and almost any other material transmittable on the Internet
- Failure of Websites
Companies are increasingly using e-commerce and the failure of a company website could result in a financial loss for a third party.
Contact Stride on 023 9224 8790 for more information or request a Cyber Liability insurance quote below.