Instant Quote Online
Protect your NDIS business from cyber threats
π‘ TIP: You will find the Cyber Insurance option within the list of "Other Covers"
Why does my NDIS business need Cyber Insurance?
Cyber insurance is more important than ever for NDIS businesses. According to the Australian Cyber Security Centre (ACSC), a cybercrime is reported every 10 minutes, resulting in over $328 million in losses to Australian businesses annually.
NDIS providers collect highly sensitive participant data β personal details, health information, and confidential NDIS plans. A cyber attack doesn't just cost money; it can destroy the trust you've built with participants and their families.
How will Cyber Insurance protect my NDIS business?
Through MyCareSpace's trusted insurance partner BizCover, a Cyber Liability Insurance policy can cover:
- Financial losses from a cyber breach or attack
- Business interruption costs β lost profits while systems are down
- Data recovery costs
- Fines and penalties
- Legal defence costs associated with a cyber claim
- PR and crisis management costs
What does this Cyber Insurance policy include?
Data Breach & Privacy
Covers unintentional loss or release of a customer's personal information, including participant health and NDIS plan data.
Cyber Crime & Ransomware
Covers cyber crime, cyber extortion and ransomware attacks that compromise your business systems.
Business Interruption
Covers lost income and increased operating costs resulting directly from a cyber event that brings your systems offline.
Real-world scenarios for NDIS providers
Scenario 1: A cyber attack brings your business systems to a grinding halt. Your participant data has been compromised and multiple claims are made against your business for breach of privacy. You need a lawyer to defend your business and an IT firm to repair your systems.
Scenario 2: Your business email is hacked. The personal details of all your NDIS participants are stolen and scammers send emails from your organisation asking participants to enter their bank details. Multiple claims are made for identity theft and breach of privacy.
Cold hard facts
- Cyber crime costs Australian businesses $1 billion annually β yet it remains one of the least insured policy areas.
- 15% of Australians would stop dealing with an organisation if their data was breached.
- Every business with an online presence is at risk.
How do I get Cyber Insurance for my NDIS business?
Call 02 8287 6576 to speak to a BizCover agent, or get a quote online instantly.
Ready to get covered?
Have your ABN handy. Takes less than 5 minutes.
Disclaimer: MyCareSpace does not offer insurance advice. There is no one-size-fits-all for insurance and your insurance agent will be able to ensure you have the correct cover.
MyCareSpace is a referral partner of BizCover Pty Ltd (ABN 68 127 707 975; AFSL No 501769). MyCareSpace earns a commission from BizCover when you purchase a policy through their website. Any advice provided is general advice only. Please read the relevant PDS before making a decision. For more information, read BizCover's Financial Services Guide.
MyCareSpace resources may be shared provided they are credited to MyCareSpace with backlinks to the original resource.
MyCareSpace resources may be shared provided they are credited to MyCareSpace with backlinks to the original resource.