Cybercrime experts are increasingly warning about the risks that we all face. The question is not ‘whether’, but ‘when’ you will be confronted with a hack or data leak. How can you protect yourself against a cyber-attack? How do you avoid being held liable? Ordinary insurances usually provide no or very limited cover against cyber risks. Nowadays, a diversity of innovative solutions are on offer.
Elements of cover for cyber
- Liability
- Administrative fines
- Business interruption
- Cyber extortion
- Costs of digital forensic investigation
- Public relations and crisis management costs
- Restoration costs for IT systems
- Privacy breach notification costs