The risk of financial loss, disruption or damage to the reputation of a law practice due to computer hacking, cyber extortion and ransomware, business interruption and unintended disclosure or destruction of confidential information is a serious threat and has become a reality for many legal practices.
About Cyber Risk Insurance
Cyber risk is a major threat to legal practice
Lawcover provides foundational cyber risk insurance for insured law practices
Lawcover purchases a group cyber risk insurance policy for the benefit of its insured law practices. The Lawcover Group Cyber risk policy provides crisis assistance and protection from losses to a limit of $50,000.
This policy has been tailored specifically for law practices and sits adjacent to the Lawcover professional indemnity insurance (PII) policy.
This initiative recognises the threat that cyber risk poses to the legal profession. Lawcover and the Law Society of NSW are committed to providing the guidance and resources necessary to keep law practices safe.
This policy is available for all insured law practices, If you experience a cyber incident, contact 1800 BREACH (1800 273 224) or lawcyber@cbp.com.au