Business Interruption Cover in a Cyber Insurance Policy pays for the loss of profits faced by the business due to interruption in business operations because of a Cyberattack.
Cyber Liability Insurance Policy
Data Breach Insurance – Coverage and Quotes
A Data Breach Insurance Policy offers protection against financial losses arising from Data Breach Incidents. The Policy provides reimbursement for credit monitoring services, data restoration costs and forensic expenses.
5 Key Benefits of a Cyber Insurance Policy [Infographic]
In today’s digital age, businesses are becoming increasingly vulnerable to cyberattacks and data breaches. A Cyberattack can cause huge financial losses and reputational damage. In order to safeguard against the impact of cyberattacks, businesses are increasingly looking to secure themselves with a Cyber Insurance Policy. A Cyber Liability Insurance Policy protects the Insured Company against […]
Benefits of a Cyber Insurance Policy
The benefit of Cyber Insurance Policy is that it allows the Insured to recover from Financial Losses following a Cyberattack. The Policy provides reimbursement for Forensic Costs, Data Restoration Costs and Customer Notification Expenses
Cyber Extortion and Role of Cyber Insurance Policy
Cyber Extortion is a type of Cyberattack where Cybercriminals hack into the system and encrypt sensitive data and hold it hostage until a ransom is paid to decrypt the data.
What are the First Party and Third Party Coverages in a Cyber Insurance Policy?
First Party Coverage in a Cyber Liability Insurance Policy covers expenses that a business may need to incur following a Cyberattack while Third-Party Liability Coverage in a Cyber Insurance Policy protects the Insured against legal liabilities that arise from such incidents.
Cyber Risk Insurance Policy (Key Insights)
Today, a Cyber Risk Insurance Policy is becoming one of the most important policies for businesses. As more and more businesses are moving from physical mode to online, the importance of a Cyber Risk Insurance Policy is also increasing manifold to secure the business from various risks. What is a Cyber Risk Insurance Policy? A […]
What are the exclusions in a Cyber Insurance Policy?
Today, the number and frequency of Cyberattacks are increasing by the day. A Cyber Insurance Policy is an essential tool for a business to protect itself from the losses resulting from Cyberattacks. Business owners should read through Cyber Insurance Policy Wordings thoroughly to understand the Cyber Insurance Coverages Provided by their Cyber Policy. Additionally, they should also read […]
Different Types of Cyberattacks and Role of Cyber Insurance Policy: A Primer
Today Cyberattacks are on the rise in every country. The frequency and magnitude of losses due to Cyberattacks is also increasing by the year. Cybersecurity has emerged as one of the top concerns facing businesses globally. In such a scenario, CEOs should be aware of different types of Cyberattacks and the role of Cyber Insurance […]
What is the Cost of a Cyber Insurance Policy?
Today, new Cyberthreats are emerging daily. Most businesses, small and big, have been subject to Cyberattacks in the last few years. Today, most businesses have an online presence making them more susceptible to Cyberattacks. The cost of data breach incidents has also increased exponentially. As per an IBM Study, the average cost of a data […]