Ace has upgraded its IT hardware and network security policy, available via Acturis.
ComputerGuardPlus now incorporates cover for financial losses resulting from crime or accidental damage to data and systems. The policy also covers hacking, website defacement, denial of service attacks and viruses.
Ian Harris, senior underwriter at Ace's technical lines department, said: "An Ace-sponsored survey of businesses across Europe, conducted by the Economist Intelligence Unit in 2006, revealed that a quarter of respondents had suffered losses as a result of computer crime –
including forged emails, fake websites and hacking.
"This level of financial exposure can have a significant impact on a company's ability to trade and service customers and will ultimately hit their bottom line. ComputerGuardPlus can act as a safety net to cushion the financial impact of such a loss".