Choose the cyber risk insurance that best suits you and your company
You will be covered for third party claims, computer fraud and loss of profit, as well as services to restore your IT system and company reputation
Cyber Risk Insurance can offer you financial protection against the costs of an information breach or system disruption, as well as providing access to industry experts who can monitor and manage the situation. If you suffer an attack, you will receive the services of industry professionals to analyse the situation and seek to control the attack. You will identify what has been affected, how its effects can be limited or how to repair or restore your systems by helping you get them back up and running.
THE MAIN COVERAGES YOU CAN CONTRACT ARE:
- Claims by third parties resulting from a failure in the security of the insured’s network or a failure in the protection of information. The insurance also responds to regulatory actions related to a security breach, privacy violation or errors in communication of a security breach or privacy violation.
- The direct costs of responding to a security breach or privacy violation by assuming payment of the costs of notifications, public relations services and other assistance in managing and mitigating a cyber incident. Also covered are the costs of expert investigations, legal consultations and the costs of checking the identities of victims of an attack.
- The loss of profit caused by a network security failure by reimbursing the loss of revenue and the resulting operating costs.
- Threats against a company’s IT network and confidential information made by an outsider in an attempt to blackmail, demanding money, securities or other valuables. Coverage includes money paid to end the threat and the cost of investigating the cause of the threat.
- The responsibility that companies may face for the content distributed on their website. Coverage is provided for various media-related risks such as copyright or trademark infringement, defamation and invasion of privacy.
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