
Cyber insurance also known as cyber liability insurance is a policy that covers losses from internet based risks like data breaches, cyber attacks and business interruptions.
๐It covers both first and third party claims offering a safety net for businesses to recover when such incidents occurs.
๐๐๐ถ๐ณ๐ณ๐ฒ๐ฟ๐ฒ๐ป๐ ๐ง๐๐ฝ๐ฒ๐ ๐ผ๐ณ ๐๐ผ๐๐ฒ๐ฟ๐ฎ๐ด๐ฒ๐:
๐ก๐๐๐ฏ๐ฒ๐ฟ ๐๐ถ๐ฎ๐ฏ๐ถ๐น๐ถ๐๐ ๐๐ป๐๐๐ฟ๐ฎ๐ป๐ฐ๐ฒ~ Insurance coverage that protects businesses from the financial impact of cyber attacks.
๐ก๐ก๐ฒ๐๐๐ผ๐ฟ๐ธ ๐ฆ๐ฒ๐ฐ๐๐ฟ๐ถ๐๐ ๐๐ป๐๐๐ฟ๐ฎ๐ป๐ฐ๐ฒ~ Insurance coverage that protects businesses from losses due to network security failures.
๐ก๐๐ฎ๐๐ฎ ๐๐ฟ๐ฒ๐ฎ๐ฐ๐ต ๐๐ป๐๐๐ฟ๐ฎ๐ป๐ฐ๐ฒ~ Insurance policy that offers financial support to the businesses dealing with incidents of data breach.
๐ก๐๐๐๐ถ๐ป๐ฒ๐๐ ๐๐ป๐๐ฒ๐ฟ๐ฟ๐๐ฝ๐๐ถ๐ผ๐ป ๐๐ป๐๐๐ฟ๐ฎ๐ป๐ฐ๐ฒ~ It covers lost income and extra expenses when a cyber incident disrupts your business operations.
๐๐๐ผ ๐ช๐ฒ ๐ก๐ฒ๐ฒ๐ฑ ๐๐๐ฏ๐ฒ๐ฟ ๐๐ป๐๐๐ฟ๐ฎ๐ป๐ฐ๐ฒ?
Most businesses today need cyber insurance, as organizations add more devices and applications they become more exposed to cyber attacks.
Just like businesses protect themselves with insurance against natural disasters or any financial risks, in the same way cyber insurance helps safeguard against all the losses caused by cyber threats.
๐๐ช๐ต๐ผ ๐ก๐ฒ๐ฒ๐ฑ ๐๐๐ฏ๐ฒ๐ฟ ๐๐ป๐๐๐ฟ๐ฎ๐ป๐ฐ๐ฒ?
Any organization that:-
1. Stores customer details.
2. Use cloud for storage.
3. Collects online payments.
4. Has increased number of devices connected to the business networks.
๐๐๐ฒ๐ป๐ฒ๐ณ๐ถ๐๐ ๐ณ๐ผ๐ฟ ๐๐๐ฏ๐ฒ๐ฟ ๐๐ป๐๐๐ฟ๐ฎ๐ป๐ฐ๐ฒ:
๐กFinancial protection against cyber attacks, Covers costs from data breaches.
๐กPhishing and other cyber crimes that traditional insurance policy often excluded.
๐กBusiness Continuity Support~ Provides funds to restore IT system, recover lost data and lost income ensuring operations to resume quickly.
๐กLegal Liabilities~ Coverage for lawsuits related to data privacy violations.
๐กCyber Extortion~ Protection against ransomware demands.
๐กForensics & Investigations~ Cost of identifying and fixing the breach.
๐๐๐ผ๐๐๐ผ๐บ ๐๐ถ๐ป๐ฒ~ Cyber insurance is the cornerstone of digital resilience protecting assets, reputation, and trust in an era of relentless cyber threats.
Book your cyber insurance with Growease and get secured against cyber attacks.