Cyber insurance

Your IT network could be compromised by loss of sensitive data or by criminals holding commercial information to ransom. In either scenario, recovery can take time and cost money.

Hiscox cyber insurance can help protect your UK business against a data breach, security failure, illegal threat or cyber attack. It is important to react fast to malware attacks, hacking and other breaches.

Online quote in 5 minutes

Get a quote


Why choose Hiscox for cyber insurance?



Training at your disposalGet free online cyber training at the Hiscox Risk Academy as a customer.



Award-winning service

We’ve won the Feefo Platinum Trusted Service award for several years running.


Support with privacy investigations

If your business is under investigation by the government, our cover could help with legal fees.

Get cyber insurance for your business

Tell us what you do

First of all, tell us what you do

You've told us:

Looks like you're having trouble finding an exact match.

We may be able to offer you cover based on your business sector.

Looks like you're having trouble finding an exact match.

We may be able to offer you cover based on your business sector.

Your industry
Your turnover

What is cyber insurance?

Cyber insurance is a specialist type of business insurance. It can help cover costs and losses if your business falls victim to a:

  • Data breach
  • Security failure
  • Illegal threat
  • Cyber attack

If a cyber attack strikes, it may also help with:

  • Additional business expenses
  • Data recovery costs
  • Public relations costs

The risks include cyber crime, which takes many forms. An employee might click a malicious phishing link, affecting your systems.

A hacker could also target website databases via an SQL injection, or use ransomware to demand large payments.

Digital threats can also come from within your organisation. For instance, an employee may accidentally share sensitive customer data.

Hiscox Video shape

Cyber insurance – our guide

See how our IT experts helped a business recover from a ransomware attack.

Hiscox Video shape

Do I need cyber insurance?

Businesses of all sizes face cyber risks. Whether you’re a limited company or a contractor, our cyber insurance could help.

For example cyber insurance coverage could help with risk management if you work online,or if you handle large amounts of information.

Certain professions may have a greater need for this type of insurance. A marketing agency may face legal action after losing client data, or an IT consultant could lose income over ransomware. Cyber attacks can also cause brand and reputational damage to management consultants and accountants.

I wasn’t really sure of the correct type of insurance for my business. The Hiscox website explained it perfectly and left no question that I was making the right choice.
Little Business Helper
Read all reviews

Hiscox is rated 4.8/5 on Feefo. This comes from real reviews in the past year, with 3501 in total.

Not sure what you need?

Tell us about your business. We’ll help you build a cyber insurance quote.

Build my cover

How much cyber insurance will I need?

Your ideal level of cyber insurance coverage is based on our assessment of your needs.

We look at:

  • Your annual turnover
  • Your selected options. For instance, if you add optional cyber business interruption cover
  • Whether or not your business has a cyber disaster recovery plan
  • If you have tested this
  • Whether or not your business is Cyber Essentials (external link) accredited

Whatever your situation, you can get £25,000 worth of Crisis Containment cover as standard.

When you get a quote, we’ll tell you the limit of indemnity available to you. This is the maximum amount we could pay to help with a cyber event.

This should ensure you’re not left with insufficient funds if key systems fail, or criminals make ransom demands.

Understanding cyber threats may also help you weigh up business risks. Online cyber training at the Hiscox Risk Academy could help. Cyber policyholders can use this resource for free.

Is your business cyber ready?

Tell us about your business and answer a few questions about your cyber practices. We’ll give you a cyber health check rating to help you understand risks.

What does cyber insurance cover?

Hiscox cyber insurance cover includes:

  • Protection against privacy investigations
  • Help to recover your position where there’s reputational damage
  • Forensic investigations to aid data recovery, plus legal advice
  • Help notifying regulators after an attack
  • Repair or replacement of unusable parts if cyber events damage your equipment
  • Indemnity for losses incurred if your supplier faces a breach
  • Consultancy support
  • Liability support if someone alleges you’ve transmitted a virus
  • Crime cover including employee dishonesty and loss of assets including money, property or securities
  • An optional, customisable business interruption benefit if your turnover is less than £2.5m


We now also offer optional financial crime and fraud cover. It provides protection against:

  • Electronic theft of money or securities belonging to you
  • Fraudulent use of your electronic identity. For example, someone taking out a credit card in your name

You can also add insurance for income loss. For example, in relation to a data breach or cyber attack.

How this works depends on your business size. For annual turnovers of less than £2.5m, there’s a daily business interruption benefit, with cover for 30 days. If your annual turnover is above £2.5m, we may cover your loss of income or increased costs of working.

Please refer to the policy wording for the full details of inclusions and exclusions of this cover. Or contact our customer services team for more information.

What does cyber insurance not cover?

We don’t pay for any claims, losses, breaches, privacy investigations or threats due to:

  • Provision of professional advice or services
  • Breach of intellectual property rights, other than where arising due to a data breach by a third party, a security failure, or any claim under the online liability section
  • A hack by a partner or director of yours
  • Bodily injury (other than for mental anguish or distress following a claim for defamation or breach of privacy). Or damage to tangible property
  • Degradation or deterioration of your computer system
  • Use of any outdated or unsupported software or systems
  • Anything you knew, or ought reasonably to have known about, before the policy started
  • Any acts or omissions you deliberately or recklessly commit, condone or ignore
  • Any personal social media posts
  • Online liability claims brought by current or former employees
  • Any criminal, civil or regulatory fines. Other than PCI charges and regulatory awards where legally insurable

Please refer to the policy wording for the full details of inclusions and exclusions of this cover. Or contact our customer services team for more information.

Who is eligible for Hiscox cyber and data insurance?

Hiscox cyber insurance policies are available for businesses in different sectors and industries. We work with firms in:

  • Technology
  • Professional services
  • Accountancy
  • Advertising and marketing
  • Consultancy
  • Recruitment
  • Transport
  • Manufacturing
  • Publishing
  • Construction

Cyber insurance FAQs

How much does cyber insurance cost?

Several factors can affect the cost of cyber insurance, including:

  • Your company’s size
  • The nature of your work
  • The scale of risk you face
  • Your claims history

That means it’s hard to give an average figure. Our business insurance quotes start from £8.40* a month. 

*Figures based on an average of all business insurance policies sold to at least 10% of our customer base between January 2023 and January 2024

How can I pay for cyber insurance from Hiscox?

You can pay for business cyber insurance in three ways:

  • Debit card
  • Monthly direct debit
  • Annual direct debit

We’re flexible, since we know people like to pay in a way that suits them.

What examples are there of cyber crime?

Examples of cyber crime often make the news. For instance, the WannaCry ransomware attack, which hit the NHS in 2017 (external link).

Out of the headlines, ordinary people can lose lots of money over mass phishing attempts. See these examples of cyber attacks.

Are cyber criminals targeting SMEs?

Yes, cyber criminals often target small and medium-sized enterprises. Most SMEs use technology, from financial services firms, to hair salons with digital booking systems.

Read our Cyber Readiness Report to discover cyber risk profiles for small and large firms. We’ve also looked at the tech, media and telecommunications sector.

Are there any real-life examples of Hiscox cyber insurance claims?

Yes, a customer had fallen victim to hackers after upgrading their IT systems. Once in, the hackers locked their servers. The customer contacted us for help.

We drafted in specialists to regain control of the servers and manage reputational damage. They also spotted gaps in cyber security systems. Read the full story.

When should I get cyber insurance?

It may be prudent to consider cyber security and insurance from the start. Firms of all sizes are at risk.

Start-ups may encounter social engineering trickery, like phishing. Meanwhile, any company with a website could experience hacking or breaches.

Two-thirds of UK firms (66%) have cyber insurance, according to the Hiscox Cyber Readiness Report 2023.

Cyber insurance articles and guides

hacking image

Small business guide to cyber attacks

Knowledge is power for a small business – learn more about cyber attacks to protect your company.

typing on laptop

A guide to cyber security risks for SMEs

Keep your firm up to date with our helpful guide to cyber security risks for small businesses.

using laptop

The state of play in technology, media and telecommunications (TMT)

Discover more about the threat of cybercrime within the TMT sector in this cyber readiness guide.