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3

Jul '19

CYBER ATTACK INSURANCE (CAI)

1. Introduction As Robert Mueller (FBI Director 2012) put it: “There are only two types of companies: those that have been hacked and those that will be” Virtually every business relies on data and computer systems. When these systems experience a virus or other computer attack (cyber attack), a business is at real risk of losing critical information that is essential to daily operations and potentially exposing itself to third-party liability. [...]

3

Jul '19

Cyber Hacks Cost Billions- Is Your Business Insured?

Cyber attacks cost companies 400 billion dollars each year and even the biggest companies in the world have fallen victim. Do we know that your IT department takes every security precaution possible to protect your business, clients, and employees but are you financially covered if the worst happens? What Hackers Can Steal From You Right Now Confidential client records Client credit card & bank details Employee social security/passport details Passwords & website access details Confidential emails, documents & contracts With today’s technology and social media accessibility, a hacker can expose your confidential information at light-speed leaving you vulnerable to further hacks or in many cases lawsuits resulting from broken nondisclosure and data protection agreements. [...]

31

Jul '17

Cyber Attack Coverage

The CAI helps clients prevent and safeguard against sensitive data breaches, computer hacking, employee error and more. The coverage includes the following categories of expenses: Cost for the assessment of the problem (forensics) Cost of a Crisis Management Expert Cost of informing affected clients. Fines and sanctions against the company Legal Advice. Cost of the negotiator in the cases the hacker requires ransoms Payment of ransoms.  Our company cooperates with the global negotiations expert company NYA International which consists of former army officers and special agents. [...]

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