Professional cover

Cyber insurance

Protect your business with one of the most advanced cyber insurance covers available online – designed for modern business and with emerging risks in mind.

Cyber insurance quote

per month

Cyber and privacy liability insurance has been designed to support and protect your business if it experiences a data breach or a cyber-attack that affects its computer systems. Our innovative cover includes a number of important features as standard to give you an advanced level of protection.

  • GDPR defence and penalties
  • Access to specialist legal, PR and IT support
  • Cover for loss of income and extra expenses
  • Data recovery costs

Set up your cyber insurance in less than 10 minutes as a flexible monthly subscription. Change or cancel it at any time as your business evolves.

Benefits of our cyber insurance

Cyber and privacy liability

This section will pay damages and legal defence costs due to data or security breaches, failure to timely disclose a data or security breach, and failure to comply with certain parts of your privacy policy.

Media content liability

Our cyber insurance provides protection for your media content as standard. If someone accuses your website, blogs or social media of defamation or IP infringement, our cyber insurance will cover any compensation or legal costs you have to pay.

GDPR defence and penalties

The General Data Protection Regulation (GDPR) is in force to ensure more stringent guidelines and penalties around the safeguarding of personal information. Fines for non-compliance are up to €20m or 4% of annual turnover. Our cyber liability policy covers notification costs, breach response services, legal costs, as well as civil penalties if you fail to comply with GDPR regulations (where insurable by law).

Cyber insurance guide

Find out more about cyber insurance, the risks it covers and what to look out for in a policy.

What is cyber insurance?

Cyber insurance provides companies with specialist protection from a range of internet-based, data, IT and employee-related risks that come with running a business.

Who is cyber insurance for?

All companies reliant on computer systems or who handle sensitive customer or employee data such as names, addresses or payment information. For fast-moving, tech-savvy companies with files in the cloud or who work with ‘big data’, the risks are even higher as these companies are likely targets of cyber-attacks. That being said, technology is everywhere in business today – even a business with a small IT footprint can be a target and would be wise to consider cyber insurance.

What is covered under a cyber liability policy?

Data breaches, failure to abide by your data privacy policy, hacking, extortion, business interruption, and the resultant PR and forensic costs – there are many risks to address, especially for fast-growing businesses. The number and type of records you hold, your network security, dependencies and backup measures determine your level of risk.

Steps you can take to protect yourself

For starters, keep track of the data you hold and delete any records that you don’t need. It’s also smart to anonymise personal information and take a look at your processes, as a large amount of data tends to live in spreadsheets and ad-hoc files on your systems. There might be a better, safer way to store your information that doesn’t leave you open to unintended data breaches. A key thing to remember when shoring up your cyber risk is employee training, having continuous employee training and testing is important in implementing a strong cyber security program.

What to watch out for when choosing cyber security insurance?

If your business needs professional indemnity insurance, a good tip would be to try and make sure it’s the same insurer as the cyber liability insurer. The two covers are linked and have some crossover covers. When choosing your provider, make sure they have a good technical understanding of how they work together. At Digital Risks, we keep our PI and cyber liability covers together to make sure they both work for you and avoid any confusion.

We've made insuring your business so simple, you'll be covered in less than 10 minutes

Other covers to consider

Browse our range of covers and build the most accurate protection for your business.

Essential covers

per month

Essential for all businesses needing protection against bodily injury and lost or damaged property.

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Professional covers

per month

Protect against risks associated with the professional services you provide and the way you market your business.

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Management covers

per month

Protect your management and shareholders against the operational risks associated with running a company.

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Boost your cover from £10.08 per month

Commercial legal protection

Covers compensation awards, professional fees and legal costs associated with a range of legal disputes.

We insure thousands of innovative businesses

Cyber insurance FAQs

What businesses are at risk of a cyber attack?

It might be big brands that hit the headlines, but small and medium sized businesses are just as likely to fall victim to cyber attacks and data breaches, if not more so. SMEs are often seen as a soft target, as they have fewer resources to put towards the technology and skills they need to stay safe. Plus they’re busy, which means security practices can often get overlooked.

What level of cover do I need and how much will it cost me?

The level of cover you need to take out will depend on the amount and type of data you hold, the scope of your IT framework and the number of devices being used to access your systems.

To calculate your cover, we’ll therefore need to know the number of people (clients or customers) you hold personally identifiable information for, including names, contact details, and financial or medical records. This will help us to understand the risk that a cyber attack or data breach would pose to your business and your customers.

Our calculations also take into account the industry you operate in, the likelihood of an incident, and the procedures and security in place you have to prevent it.

What excess would I need to pay?

Our online cyber insurance has a standard excess from £500.

How do I know if my business has been hacked?

You might not always be able tell that your systems have been hacked, however there are a few telltale signs. It’s important to stay vigilant and if you notice any of the signs below, the first thing for you to do is let us know.

If your business has become a victim of ransomware, all or some of your files will be locked and you will receive a message requiring you to perform certain actions, or pay a fee to unlock your systems. In this situation, please get in touch with us immediately.

Another less obvious example would be your mouse moving outside your personal control, as if a third party is controlling it from elsewhere. It could well be a bug, but it’s better to disconnect the device from your network and run a virus scan to be on the safe side.

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Authorised by the FCA

The FCA supervises UK financial services firms to protect consumers. We are directly authorised and regulated by the FCA and our Firm Reference Number is 656459. These details can be confirmed on the Financial Services Register at or by calling the FCA on 0845 606 1234.