Cyber Insurance and your small business

Cyber Insurance is designed to help you recover from cyber threats, data breaches and digital disruption. Many Australian businesses rely on technology, and even with strong cybersecurity measures in place, mistakes and breaches can happen. 

Specialised support from experienced brokers

Cyber Insurance provides financial and operational support when things go wrong, and can include cover for:
Cyber extortion
Ransom demands, negotiation & prevention costs
Business Interruption losses
Lost income due to system downtime
Electronic data replacement
Restoring or replacing damaged data
Security & privacy liability
Third-party data breaches or leaks
Regulatory breach liability
Fines and costs from regulatory investigations
Media liability
Defamation, copyright and online content disputes
Crisis management
PR and reputation management post-incident
Notification & monitoring
Informing affected individuals, credit monitoring
Legal Defence Costs
Defending claims & legal proceedings

Cyber Insurance policies vary. Exclusions may include physical damage to computer hardware, criminal acts by the insured, known issues not disclosed prior to policy commencement, amongst others.

We have access to a range of Cyber Insurance products, from a range of reputable insurers.

Why choose Macey?

For over forty years, our experienced brokers have helped professionals find the right insurance for their business.

We’ve supported diverse industries with all of their insurance needs; from researching policies to managing the entire claims process.

The way we see things, your risks are really our risks, and we won’t rest until you’re protected.

specialist IN industry Requirements

Our experienced brokers understand the insurance requirements and the exposure you face,  which is why we can help your business acquire the appropriate insurance.

Comprehensive Risk Assessment

Our detailed risk assessment helps identify potential risks and ways to minimise or eliminate them. We offer comprehensive insurance solutions that can help reach your business goals.

ALL - INCLUSIVE SERVICE

Superior understanding drives superior outcomes. This is why we always put ourselves in our client’s shoes and manage all of their insurance needs from start to finish. 

Download your free checklist

Cyber Risk Self-Assessment for Australian SMEs

Real scenarios from Australian businesses where Cyber Insurance has helped

  • Melbourne-based consultancy
    Lost $48,000 when ransomware locked their files. Cyber Insurance covered IT recovery, income loss, and legal advice. (DUAL Australia, 2022)
  • Small HR firm
    Accidentally sent sensitive employee data to the wrong recipient. Their cyber policy funded regulator notifications, legal defence, and credit monitoring.
    (Chubb, 2022)
  • Accounting firm
    Was offline for 5 days during EOFY due to malware. Cyber Insurance covered $60,000 in downtime and client claims.
    (Emergence, 2022)
Untitled design (9)

Need more information?

Take a look at our free resources that have been designed to help you understand Cyber Insurance. Simply download and use as required.

Cyber Insurance Brochure

Cyber Risk Self Assessment for SMEs

Cyber Insurance Claims Examples