Cyber Insurance
Cyber Insurance
Cyber risk is one of the more complex and technical risks facing businesses today. Due to its very nature, many businesses find it difficult to understand their exposure to cyber risks. This can even make them reluctant to consider cyber risk when assessing their insurance buying needs. The failure to understand cyber risk means failing to identify threats and vulnerabilities. Such weaknesses can then create opportunities for cybercriminals to take advantage of exploiting your IT infrastructures. By working with you we can enable you to:
- Understand and identify the type and nature of cyber risks, threats and vulnerabilities:
- Formulate continuous risk monitoring and management programme;
- Assess your insurance needs and where required, work with your broker/insurer;
- Identify the most suitable cover and the market for insurance placement;
- Formulate and implement pre-loss control and post-loss minimization plans: and
- Plan post-incident response and media response strategies.
