Cyber
Insurance
Technological advancement, besides its many positive outcomes, entails several risks. Protecting businesses from perils such as cyberattacks, data breaches, and other digital threats is of paramount importance for their uninterrupted operation and viability.
Cyber insurance provides comprehensive coverage for your digital infrastructure, ensuring the security of your data and the protection of your business reputation.
What is Cyber Insurance?
Cyber insurance is an insurance solution designed to protect your business from the risks of the digital age. It provides coverage for cyberattacks, data breaches, business interruption, etc. It also serves as an additional safety net, since the European General Data Protection Regulation (GDPR) imposes hefty fines in case of personal data leaks.
What does Cyber Risk Insurance policy cover?
01
Damage to PC systems resulting from cybercrime
02
Costs of damage in information systems with the assistance of specialized IT consultants and legal advisors
03
Loss of revenue from interruption of business activity due to an incident of breach of information systems
04
Loss of business reputation
05
Third-party liability
06
Support and ransom payments in cases of cyber extortion
CYBER RISK INSURANCE: FAQ
Which businesses need cyber risk insurance?
What is a cyber-attack?
The evolution of technology continues, and so do cyberattacks. The concept of a cyberattack can be defined as follows: any intentional attempt to cause harm or destruction to computer networks, computers, websites, as well as an attempt to steal, alter, or destroy data, by unauthorized access to networks, computers, and other digital devices.
