The use of the internet, IT applications and operational technology poses many risks.
Companies and consumers are facing challenges and uncertainties in connection with data processing.
Cyber insurances protect businessesagainst risks of
financial losses due to computer crime
accidental damage and destruction or operational errors
Cyber Risk insurance policies help cover the financial losses that result from cyber events and incidents.
In addition, cyber-risk coverage helps with the costs associated with remediation, including payment for the legal assistance, investigators, crisis communicators, reconvertion of data and customer credits or refunds.