CYBER INSURANCE

The number of cyber incidents has been increasing manifold in the last decade. Businesses today face many cyber risks such as data breaches, phishing and ransomware attacks, loss of customer information such as credit card numbers, SSNs, and other PII (Personally Identifiable Information). These incidents can result in loss of reputation, regulatory fines, lawsuits, and even jeopardize your organisation’s existence! Cyber insurance could be an ideal solution to safeguard your business against such problems to a great extent.

Analyse the cyber Security risks and impact

Cyberattacks come unannounced; however, they do not occur without the presence of a loophole or vulnerability in the system. Hence, it is crucial first to identify what these vulnerabilities are, the risks, and their impact on organisations. With our expert guidance, you can analyse the cybersecurity risk levels of your organisation before buying the most apposite cyber insurance product(s) for your business.

Personalized Insurance products for your Organisation’s unique cyber needs

The cyber risks associated with an Information Technology company are different from those that a company in the manufacturing or banking industry faces. We help you identify unique risks related to the industry you operate in, on a macro-level, as well as on the micro-level, i.e., particular to your business only, and offer you personalised products based on these offerings that suit your unique requirements.

Both First Party & Third Party Risks Covered

Based on who threat actors target, cyber threats are broadly categorised into first-party (directly targeting your organisation's digital assets) and third-party (targeting your organisation through a client or a third party your business may be involved with) risks. We help you identify insurance products that extensively cover both these risks so you can rest assured and focus on your business's growth!

Helping Insurance Companies and insurance Brokers

Our services will also cater to both insurance brokers and insurance companies. We may leverage our threat intelligence, SEIM, SOAR, and XDR technologies and give a risk rating or risk score to their clients (such as enterprises, startups, and organisations). This risk rating will be constantly updated and can be accessed by insurance companies to calculate insurance premiums, coverage, etc.

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