CYBER SECURITY

Cyber Insurance
Advisory Services

cyber security
Services

Tap Into Our Knowledge
& Expertise

Cyber insurance can be overwhelming.

Choosing the right coverage for your business and risk profile is a new challenge for many business owners or IT managers.

And it’s at a time when cyber insurance has never been more important to prepare for cybercrime and the operational and legal costs. In the last 2 years alone there has been a 14% increase in reported cybercrime costs as per the latest ASD Cyber Threat Report.

But help is at hand; TechBrain specialises in providing local advisory services for cyber risks and with our trusted cyber insurance partners we can help Australian businesses find and secure the best cyber insurance policy to reduce the financial and operational impact of cyber disasters.

Our leading cyber insurance partner can work with you to understand your specific needs and secure comprehensive coverage that integrates with your existing cyber security mitigation measures.

Our cyber insurance partners have an in-depth knowledge of the Australian insurance market and the ever-changing cyber threat landscape.

We’ll assess your current risk profile, your industry specific threat landscape, identify vulnerabilities in your cyber security stance and give you the knowledge and recommendations you need to negotiate a policy that’s right for you.

We’re also a full mitigation partner, offering a range of support services such as cyber security assessments, incident response planning, employee awareness training and continuous threat monitoring and intelligence.

Make the informed decision about your cyber insurance and be ready for a cyber incident, partner with TechBrain.

TechBrain team advising on cyber insurance options.
BENEFITS

Benefits of Cyber
Insurance Cover

Cyber insurance is part of modern business strategy.

It’s a safety net against the catastrophic impacts of cyber disasters so your business can get back up and running quickly.

As technology advances and organisations become more exposed to cyber-attacks having the right cyber insurance policy is critical.

Financial Protection

Covering the costs of data recovery, legal fees and customer notification so your business remains financially stable. A comprehensive policy covers a range of cyber incidents and privacy breaches.

Business Continuity

Minimal disruption to operations so you can maintain productivity and service delivery. Cyber insurance protects against business interruptions caused by cyber events.

Risk Management

Resources to strengthen your cyber security stance, reducing the likelihood of future incidents. Cyber insurance coverage includes resources to manage and mitigate the impact of a cyber event.

Reputation Management

Help with public relations efforts to protect and restore your company’s reputation after an event.

Protect your company against the unknown of cyber-attacks. Cyber insurance is about more than just minimising risks; it’s about enabling your business to thrive in an ever-changing cyber risk landscape.

Overview

Why Cyber Insurance
Matters

Cyber insurance is a key part of risk management. It gives you access to specialist resources and expertise that strengthen cyber security controls, uplift incident response planning and improve overall resilience.

If a data breach, ransomware attack or social engineering scam occurs, the policy helps cover the costs. This can include data recovery, legal advice, regulatory penalties, customer notifications and public relations to protect your brand.

Just as importantly, cyber insurance accelerates recovery. Timely financial support and access to vetted recovery partners minimise downtime and reduce the total financial impact on your business.

Investing in cyber insurance not only protects your financial wellbeing but also shows to your customers, partners and stakeholders that you take cyber security seriously and are prepared to handle an incident.

This commitment to cyber security will help maintain customer trust and confidence in your brand even in the face of a cyber incident.

Contact TechBrain today to learn more about our cyber insurance advisory services and how our trusted cyber insurance partners can help you find the best policy to protect your business from the unexpected.

FAQ

What types of cyber incidents are covered by cyber insurance?

Cyber insurance covers a wide range of incidents including data breaches, ransomware attacks, phishing schemes, malware infections and denial of service (DoS) attacks. It also covers business interruption losses related to operational downtime caused by these incidents and legal and regulatory expenses for compliance and defence.

How does cyber insurance complement existing cyber security measures?

Cyber insurance provides financial and operational support where technical defences may fall short. It covers costs such as data recovery, legal fees and business interruption, a safety net that complements your cyber security measures. Additionally, it provides access to expert incident response teams and resources for public relations management, total protection and quick recovery after an incident.

What are the typical exclusions and limitations to be aware of in cyber risk insurance policies?

Common exclusions in cyber insurance policies are acts of war or terrorism, incidents caused by pre-existing vulnerabilities that were not addressed and intentional or grossly negligent acts by employees. Some policies may also exclude certain types of data loss or require additional riders for comprehensive coverage and losses involving unencrypted data may not be covered depending on the policy terms.

How is the cost of a cyber insurance policy determined?

Premiums reflect your size and revenue, your industry’s risk profile, the sensitivity and volume of data you handle, and the strength of your current cyber security controls. Insurers also consider your claims history and incident response readiness. The scope of cover, policy limits, sublimits and the excess you select further influence the price.

How often should we review and update our cyber insurance policy?

It’s recommended to review and update your cyber insurance policy at least annually or whenever there are significant changes in your business operations, IT infrastructure or regulatory environment. Regular reviews ensure your coverage remains adequate and aligned with your evolving risk profile, continuous protection.

What risk management services complement a cyber insurance policy?

TechBrain strengthens your policy with practical controls that lower both likelihood and impact of attacks. We provide security risk assessments and control reviews, incident response planning and exercises, employee training with phishing simulations, compliance management, vulnerability scanning and penetration testing, and ongoing monitoring with threat intelligence.

Together, these services help you find and fix weaknesses, prepare your team to handle incidents, reduce human error and social engineering risk, align with standards such as the ACSC Essential Eight and ISO 27001, and stay ahead of emerging threats and insurer requirements.