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In today’s increasingly connected construction industry, digital vulnerabilities pose just as much risk as on-site accidents.
From project management software to client data storage, every online interaction creates an opportunity for cybercriminals to exploit your systems.
At iBuild Insurance, our Cyber Protection Insurance solutions shield your operations from cyberattacks, data breaches, and digital fraud—ensuring that your hard-earned reputation and bottom line stay secure.
With over 30 years of construction-focused expertise, we understand the unique digital exposures faced by builders, contractors, and tradespeople, and tailor coverage that empowers you to embrace technology with confidence.
As construction businesses adopt sophisticated project management tools, digital communication platforms, and connected equipment, cyber threats have become a critical concern.
A single ransomware attack, phishing incident, or data breach can lead to severe financial losses, reputational harm, and project delays.
We cater to professionals across the construction spectrum, including:
Small Builders (Turnover: $0–$250,000): Even small operations rely on email, invoicing software, and digital plans. One well-crafted phishing email can lead to unexpected expenses and client mistrust. Cyber Protection Insurance helps level the playing field, allowing you to operate securely without breaking the bank.
Mid-Sized Builders (Turnover: $250,000–$5 million): As you manage multiple projects and outsource to various subcontractors, your digital footprint expands. This increases the chance of cyberattacks targeting vital contracts, client data, or proprietary designs. Comprehensive coverage supports stable growth.
Large Builders (Turnover: $5 million+): Major projects involve complex digital ecosystems and valuable intellectual property. Cyber Protection Insurance safeguards your substantial investments, ensuring minimal disruption to flagship builds and maintaining the confidence of stakeholders and investors.
Tradespeople & Sub-Contractors: Electricians, plumbers, carpenters, and other specialists working alongside builders also store client details, quotes, and operational data digitally.
Protecting this sensitive information helps maintain professionalism and reduces unexpected costs.
Our policies reflect the realities of the Australian construction sector, considering regulatory requirements, privacy laws, and the evolving nature of cyber threats.
What’s Covered:
What Sets Us Apart:
At iBuild Insurance, we customise policies based on your digital footprint, security measures, and third-party integrations.
This ensures you get precisely what you need—no generic plans or unnecessary expenses.
Tailoring Considerations:
Scenario 1: Ransomware Attack on Project Files
A mid-sized builder’s project management software is locked by ransomware, halting work on multiple sites. Cyber Protection Insurance covers the cost of IT specialists, data decryption tools, and business interruption, enabling the builder to resume operations promptly and maintain client confidence.
Scenario 2: Data Breach of Client Records
A small builder’s email is compromised, exposing sensitive client details. Instead of facing legal fees, compensation demands, and reputational damage alone, the builder’s policy provides legal guidance, PR support, and financial coverage to restore trust and stability.
Scenario 3: Phishing Scam Involving Supplier Payments
A large construction firm falls victim to a phishing scheme that diverts payments to fraudulent accounts. Cyber Protection Insurance covers the financial losses, investigative costs, and implementation of enhanced cybersecurity protocols, ensuring that the firm can prevent similar incidents in the future.
Your construction business thrives on trust, efficient project management, and reliable client relationships.
With iBuild Insurance’s Cyber Protection Insurance, you can safely embrace the digital tools that enhance productivity—secure in the knowledge that your data, reputation, and bottom line are fully defended.
Contact us now to discuss a tailored cyber coverage solution that ensures your future is as stable online as it is on the job site.
Contact us at the Consulting WP office nearest to you or submit a business inquiry online.
While not typically a legal requirement, it’s increasingly considered best practice. Many clients, partners, and regulatory bodies now expect builders and contractors to maintain robust cybersecurity measures and insurance.
Absolutely. Many customers bundle Cyber Protection with Construction Works, Public & Products Liability, or Professional Indemnity Insurance, creating a comprehensive risk management suite.
Our brokers assess your data volume, number of users, potential downtime costs, and regulatory obligations to recommend coverage that offers strong security without overextending your budget.
Implementing stronger cybersecurity protocols can potentially lower your risk profile. As a result, we may be able to negotiate better terms or premiums over time.
Have any Question? Ask us anything, we’d love to answer!
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iBuild Insurance Group Pty Ltd The Trustee for iBuild Insurance T/As iBuild Insurance
ABN 32 546 778 286 | ACN 652 794 940 | CAR 1293780.
Authorised representative of Community Broker Network Pty Ltd AFSL 233750 ACN 096 916 184.