About the Service
Cyber insurance forms part of a company’s information security strategy, protecting the business against residual risks arising from the critical consequences of disruption to its IT infrastructure.
Purpose of Cover
- Protection against losses resulting from a cyber-incident
Insured Events
- External cyberattack
- Malware infection
- Technical failure
Scope of Indemnity
Includes, but is not limited to:- The insured’s response costs, including IT infrastructure recovery, restoring and maintaining information security, media relations and legal defense expenses
- First-party losses
- Third-party losses and liabilities
