Technology Network Security Protection Insurance

What you need to know

What is Technology Network Security Protection Insurance?
Technology Network Security Protection Insurance is designed to cover a company’s technology-related risks, including copyright infringements, computer viruses and security breaches.

Who needs Technology Network Security Protection Insurance?
If you have a business website, engage in e-commerce or store information over the Internet or intranet, Technology Network Security Protection Insurance is essential.

The Winley Insurance Group solution
The use of the Internet for business is growing at an astonishing rate. Today’s companies face potential exposure to technology-type claims from third parties in the following areas:

• Libel - Vicarious liability for the content of employees’ e-mail messages and a direct responsibility for the content of their Internet website.
• Downloading of viruses, Trojan horses, keyloggers, etc. - Claims as a result of damage to third party software or hardware as a consequence of downloading a virus from an e-mail or a website.
• Unauthorised access - Breach of Data Protection legislation if a third party gains unauthorised access to records via the Internet and obtains personal data held on the 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 - The failure of a company website could result in a financial loss for a third party.

Conventional insurance policies do not provide adequate protection. Technology Network Security Protection Insurance provides cover for, but is not limited to, the following tech type of losses:

• Intellectual property rights on domain infringement and onsite copy and images.
• Payment gateway process protection if there is a disruption in your capability to receive payment by electronic means as a result of a hack attack or virus and there is a loss of revenue.
• Company losses as a result of third parties using your network to steal money.
• Lost profits if you are unable to conduct business due to your website being hacked or being targeted with a virus and being removed from the search engine.
• Expenses incurred in repairing the damage caused to your network/computer systems and finding, replacing or restoring your central processing unit records as a result of a hack attack or virus.
• Public relations consultant expenses to diminish the damage to your company name as a result of any loss that is covered under the policy.

Contact us for additional information or a Technology Network Security Protection Insurance quote
If you’re looking for Technology Network Security Protection Insurance or you just want to learn more, contact us at 1300 732 205 or begin our Technology Network Security Protection Insurance quote process now. Winley Insurance Brokers service all of Australia.