IT setup
The systems, data, services and technology dependencies used by the organisation.
Decisions & balance sheet
Cyber Risk
Prepare for the operational, financial and liability effects of a cyber incident.
Cyber Risk addresses defined incident response, business interruption, data, extortion and third-party cyber liabilities.
Introduction
What is Cyber Risk?
Cyber Risk is commonly considered by organisations that rely on systems, process personal data or transact digitally. It can address defined incident response, business interruption, data, extortion and third-party cyber liabilities.
What it protects
What can the policy protect?
The scope of Cyber Risk should clearly define the insured interests and the protection required.
Incident response and recovery costs
The specialist response, restoration and interruption costs that may follow an insured incident.
Third-party liability
Liability arising from a data breach, privacy event, media disclosure or other insured cyber incident.
Common events
What types of loss can be covered?
The examples alongside help test the proposed programme against realistic situations. They guide the conversation but do not represent automatic cover.
Cyber or data incident
A cyberattack, system compromise or data event affects the organisation.
System recovery
Systems and data must be restored so operations can resume.
Third-party liability
A third party alleges that the organisation failed to protect data or systems.
Public relations and disclosure
The incident requires public communications, regulatory notification or media response.
Programme context
Where this cover fits
Industry applications
The role of the cover should reflect the operation, contractual responsibilities and potential severity of loss.
01↗02↗03↗04↗
Banks & Financial Institutions
For regulated organisations where governance, data, people and financial confidence are closely connected.
Hotels & Hospitality
For public-facing operations where premises, people, service continuity and reputation all matter.
Power & Utilities
For essential infrastructure where equipment reliability, project delivery and service continuity are critical.
Retail
For multi-location businesses managing stock, customers, payments, people and digital operations.
Independent financial lines review
Review Cyber Risk with Talisman.
Share your current wording, renewal terms or information about the requirement. We will help identify the practical next step.
Illustrative information only. Coverage, availability, limits and terms depend on the risk profile, insurer approval and final policy wording.