The object of the insurance is the financial interests related to the damage or destruction (due to a cyber-attack) of computer equipment (computers, data storages, network equipment and software), data corruption (due to a cyber-attack), as well as financial interests related to the liability of insured due to cyber-attack.
Cyber risk insurance product is intended businesses of all sizes and types (tailored for any small, medium and large business) that seek to maximize their security against unexpected incidents caused by cyber-attacks or data and system security breaches.
Basic insurance coverage:
- liability for violations of personal data security;
- Regulatory fines for breaches of personal data security, including fines for breaches of the General Data Protection Regulation (GDPR);
- crisis management costs after an occurrence related to system and data security breaches;
- liability for violations of information systems and information security.
Additional insurance coverage:
- digital liability;
- cybercrime blackmail;
- business interruption.