What's Cyber Insurance?
Cyber insurance is designed to cover the liability actions arising out of cyber attack, not only to your organization but also to third-party (customers) e.g. investigation and defence costs, civil damages, compensation payments to affected parties, crisis communication, legal services, and refunds to customers.
As our current new normal stage continues and people are familiar with online platforms, it also comes with cyber risks such as platforms contain our sensitive data. This insurance can help to mitigate such risks, as well as also helps to pay for any financial losses they may incur in the event of a cyber attack or data breach, so that organization can cover any costs related to the remediation process, such as
Identity Theft
which involves extortion or blackmailing
Cyber Extortion
Ransomware and threats
Phishing
Fake links and scams
Cyber Bullying
Online Shopping Fraud
fraud or scam
Online Selling
Unpaid goods in online transaction
These risks have become more and more high value due to the great amount of online trasactions which are continuously growing in our daily routine.
These risks have become more and more high value due to the great amount of online transactions, which are continuously growing in our daily routine.
Loss of the hacked money
or unpaid amount
Lawsuits expenses
The ransom amount caused
by the blackmailing
Expenses for remedies
to such cases
Medical expenses to
mental treatment
will be the key solution if you are now wrorrying about these;
With 20 years
in the insurance field
Business interruptions due to the failure of cyber security system,
including causes from individual staff or programming.
Data loss and restoration,
including device resetting and data restoring.
Expenses of investigation and lawsuits,
also the 24/7 HOTLINE with multi-lingual services with representative agents.
Expenses to reimburse the business for the difference between the typical income of the business
and the reduced generated income during the shutdown caused by a cyber event.
Expense to restore the reputational damage and crisis management with communications.
Liability caused by the failure of confidential data storage.
Liability caused by the usage of non-permission resources.
Data exposure blackmailing.
And/or being threatened with the disclosure of secrets, or blackmailing regarding the portion of the insurance coverage.
Third-Party liability online media.
Expense of investigation by government office.
FAQs
FAQs
Cyber Insurance offers protection from financial losses that may incur in the event of a cyberattack or data breach, digital risk arising from cyber attack, data breaching, data hacking, virus and/or malware attack, etc.
All business with digital platforms, online transactions, and containing personal and sensitive data.
Fill in the application form for consideration.
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