Cyber insurance to protect your practice against cyber attacks
Cyber risk continues to be a persistent threat to businesses, including the legal industry.
Technology and digital transformation have introduced new vulnerabilities that can result in financial losses and serious consequences.
As specialists in cyber insurance and risk management, Gallagher's Cyber Liability Insurance team offers innovative insurance policies and risk management services to help protect your law firm from cyber-attacks.
How Gallagher can help
In the legal sector, cyber threats are a major concern. These include:
- ransomware attacks
- GDPR compliance
- interruptions to operations
- reliance on third-party vendors
- protection of sensitive information
- the impact of website attacks on revenue and reputation
Gallagher has developed an insurance product to help businesses get back up and running as quickly as possible in the event of a cyber-attack. Their solution covers:
Cyber Liability
Extensive coverage for law firms facing cyber risks. From covering breach response costs to legal expenses for regulatory compliance; it provides a comprehensive safety net in today's digital landscape.
Operational Risk
Protection against the consequences of cyber disruptions on business operations.
It compensates for:
- income lost during network downtime
- expenses incurred in restoring valuable digital assets after a breach
Moreover, it protects your customer base, ensuring their loyalty even in the aftermath of a data breach.
Cybercrime
Provides extensive coverage against digital theft and fraudulent activities.
It includes protection for situations like the theft of funds or assets through manipulation of computer systems.
It also offers reimbursement for unauthorised software usage and mitigates corporate identity theft and personal financial loss for high-ranking partners/members.
