Cyber Risk
Our exclusive cyber insurance solutions are tailored for our clients, efficiently addressing and navigating cyber threats with your protection as our priority.
How we can help you
It’s not just about financial coverage; we go the extra mile with dedicated cyber risk management services. Count on us for support with issues, such as:
What are Cyber Insurance Solutions ?
Think of cyber insurance solutions as your safety net against the aftermath of cyberattacks or data breaches. Our personalised policies help organisations cover financial losses, including: investigation costs, crisis communication, legal services, and customer refunds during the remediation process.
Do I need Cyber Risk Solutions?
Imagine this: An employee misplaces a laptop, putting confidential information at risk of exposure. Or your online payment system gets breached, jeopardising client financial details. Perhaps a phishing email encrypts your data, halting operations with a ransom demand.
Don’t wait for disaster! Protect your business and your clients with Paragon.
Your protection is our priority
Being ready for cyber events isn’t just about mitigating reputation damage; it’s about having specialised expertise for successful regulator notifications. Emphasising that our policy exclusively provides cyber risk protection, it stands as the most comprehensive and personable choice for proactive risk management.
Cyber Risk FAQ’s
Key factors affecting the cost include industry, company size, data sensitivity, cybersecurity defences, claims history, and coverage limits.
Commonly covered cyberattacks include data breaches, ransomware attacks, network security breaches, phishing attacks, and business interruption due to cyber events.
Cybersecurity insurance generally requires a thorough risk assessment, strong security measures, an incident response strategy, frequent updates and patches, employee training, and adherence to applicable laws. Requirements may vary by provider and policy.