Technology and data are fundamental to modern charitable activities. With the digital landscape evolving rapidly it can be difficult to know where the next risk is coming from. External threats and internal errors pose risks and if your data or network was compromised, your charity could quickly grind to a halt.
Cyber and data insurance is designed to support and protect you from evolving e-risks. It provides
comprehensive cover for your computer systems and data, whether electronic or non-electronic. Even if you you store data with a cloud provider, you should carefully consider the legal contract you enter. The risk of a data breach is reduced, the liability may still fall on your shoulders.
Companies are particularly at risk where they hold sensitive data; such as personal data including names, addresses, dates of birth, medical information or banking information. For example, large membership organisations and sporting venues that store and process member information could be at risk.
Key areas of cover include;