Claims scenario

Cyber Claims Scenario – Phishing

August 09, 2024

Cyber threats move fast and the cost of inaction moves even faster. In this short real-world scenario, a ransomware attack brings an SME to a standstill. See how cyber liability insurance responded quickly to limit the damage and support recovery. Download our free guide to see how this works in practice.

Download the Free Guide (PDF)


Executive Summary

This one-page case study walks through a real-life cyber crime insurance claim following a ransomware attack on a small to medium-sized business.

What happened:

  • The company’s data and systems were encrypted by attackers

  • Operations were brought to a complete halt

  • They contacted their cyber insurer’s 24/7 breach response team

The response included:

  • Immediate deployment of forensic IT experts to identify the breach

  • Legal support and PR guidance to manage communications

  • Cover for restoration costs, data recovery, business interruption, and response coordination

  • Ongoing support throughout the claims process

Why it matters:

The case highlights how cyber insurance offers more than just financial compensation, it provides rapid, professional response at a time when every second counts. This guide is essential reading for SMEs, IT managers, and decision-makers considering whether cyber insurance is worth it.

Free Cyber Insurance Case Study

Call us on 0118 916 5480

Download the Free Guide (PDF)

Free Cyber Insurance Case Study

Call us on 0118 916 5480

Download the Free Guide (PDF)

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