In the recent period, swiftly increasing technology has completely revolutionised how we navigate through our day-to-day lives on the web. This has concomitantly led to a significant surge in cyber-attacks and associated security risks. It is therefore pushing businesses to safeguard themselves from possible financial damage. Cyber risk insurance provides remuneration for data compilations that […]
Articles Tagged: cyber insurance policy
The Rising Threat of Cyber Crime Importance of Cyber Insurance in 2023
In our rapidly advancing digital realm, cybercrime has risen as a potent menace, posing risks to both individuals and enterprises. Cyberattacks are evolving in complexity, resulting in severe consequences such as financial setbacks, harm to reputation, and legal entanglements. As these threat of cyber crime constantly morph, the imperative for robust cybersecurity protocols and comprehensive […]
How to file a claim under Cyber Insurance Policy? – Infographic
Cyber Insurance Policy – Online Claim Process In the dynamic and ever-connected digital landscape, even the most fortified businesses can fall victim to cyber threats. This is where the resilience of a robust cyber insurance policy comes into play. When the unforeseen strikes, knowing how to file a Cyber Insurance claim online can make all […]
What are the important features of a Cyber Insurance Policy?- Infographic
Important Features of a Cyber Insurance Policy In today’s fast-paced digital landscape, where data breaches and cyber threats lurk around every virtual corner, safeguarding your business with a robust cyber insurance policy has become non-negotiable. But what exactly should you look for when choosing the perfect cyber insurance policy? Let’s dive into the crucial features […]
Understanding the Unique Cyber Risks Faced by BPOs and How Cyber Insurance Policy Can Help
BPO Cyber Insurance: Mitigating Risks Business Process Outsourcing (BPO) involves outsourcing services or activities to third-party vendors. It’s gaining popularity as organizations seek cost-effective ways to improve service delivery. Although these processes offer flexibility and scalability, they also bring challenges around digital security and data privacy. Addressing Cyber Risks in BPOs with Cyber Insurance provides […]
Securing Patient Data: The Role of Cyber Liability Insurance in the Healthcare Sector
Introduction: Cyber Insurance helping secure patient data Patient data safety is crucial in healthcare. In fact, medical information is highly sensitive and personal. Patient records contain valuable personal details, including names, addresses, and Social Security numbers, which can be exploited if accessed by unauthorised individuals. Therefore, the role of Cyber Insurance in securing patient data […]
Cover for Cyber Extortion and Ransomware under Cyber Insurance
In today’s interconnected global landscape, businesses face a rising and ever-present danger in the form of cyber threats. Among these threats, cyber extortion and ransomware attacks stand out as particularly damaging, with the potential to inflict severe financial losses and harm a company’s reputation. In order to combat these cyber risks, businesses are turning to […]
Are Phishing and Spoofing covered under Cyber Insurance?
Personal Cyber Insurance Policy In today’s technologically advanced era, individuals face a growing risk of cyber threats, such as phishing and spoofing attacks. As these malicious activities continue to develop, individuals are proactively seeking to safeguard measures through personal cyber insurance policies. This article explores whether phishing and spoofing incidents are covered under cyber insurance […]
Video- Cyber Insurance Webinar
Webinar on the Importance of Cyber Insurance (SecureNow)
What does a cyber insurance policy cover?
A cyber insurance policy helps organisations to mitigate the risks related to a cybersecurity breach. This policy offsets costs involved in recovering from a malware attack or a similar event. Organisations can’t guarantee 100% security even after deploying the best cybersecurity protocols. Therefore, businesses should buy a cyber insurance policy. The rise in cyber-crimes […]