FD Beck Insurance Brokers

Mandatory Data Breach Notification Laws are now in Force!​​

Is Your Business at Risk?​​

Protection from data breaches starts with risk transfer and a tailored Cyber Liability Insurance Policy.

Mandatory Data Breach Notification is now Law

13th February 2017

The Australian Government has passed into law the mandatory reporting of any Data Breach.

Whether you’re a not-for-profit, private company, family business, publicly listed entity, even Government agency, if you are generating an annual turnover greater than 3 million dollars, you are now accountable.

Even if you only suspect that a data breach has occurred but don’t actually have proof, you will be required to report it…and the penalties for not reporting are financially serious.

Heavy Penalties for Failing to Report a Data Breach

Heavy Penalties for Failing to Report a Data Breach

Non-compliance penalties and fines vary from $360,000 to $1.8 million dollars.

A Cyber Liability Insurance isn’t just about protection from loss of income. It’s now about protecting your business from the penalties and fines you may face.

Stop Cyber Criminals From Putting Your Business at Risk

Not many business owners would willingly Chance their Business Reputation. Protect your reputation & business systems against cyber attacks with Cyber Insurance.

Why we’re the right choice for Cyber Insurance

Every business is different and that’s why we tailor your policy to suit your business needs. The reality is that the true value of any insurance policy is only ever tested in the event of a claim. By tailoring your policy exactly for you, nothing get’s left to chance.

Time Saving

Call us to get a quote for your Cyber Attack insurance and answer only 4 risk specific questions. Call 1300 155 338.

Price and Coverage

Through our extensive insurance network, you’ll enjoy the benefits of low premiums and broad coverage. Safe in the knowledge you are fully covered in the event of a claim.

Expert Advice

For over 100 years we’ve protected Australians. You can rest assured we have the knowledge and expertise to handle every aspect of your insurance purchase.

Why Does My Business Need Cyber Insurance?

Cyber Extortion

Demands for money linked with threats of attack on IT infrastructure, sometimes involving actual attack.

Crimeware

Credential-stealing malware used to take control of systems.

Web App Attacks

Hacking into the code of software to take advantage of any vulnerabilities, and circumventing authentication.

Denial of Service

Another consequence of cyber attacks, the shut-down of networks and systems.

Miscellaneous Errors

Errors caused by human accident which undermine the security of your systems.

Insider and Privilege Misuse

Inside-driven malicious use of your IT infrastructure and other resources. May involve collusion with external entities.

Cyber Espionage

Access to your network, or your system, either by individuals working for competitor corporations or those linked to foreign states.

Physical Theft and Loss

Concrete assets linked to your IT systems which go missing through deliberate or accidental acts.

Payment Card Skimmers

Payments skimmed from cards via a device attached to magnetic stripe-reading assets.

Point of Sale (POS) Intrusions

Sales made using cards, or similar transactions.

Frequently Asked Questions