In our increasingly interconnected world, businesses face substantial risks from cyber security threats that can jeopardise their digital assets. To protect themselves from potential financial losses, organisations have turned to cyber insurance policies as an essential resource. One of the important features of cyber insurance is unauthorised access cover that provides financial protection against unauthorized […]
Cyber Risk
Are Phishing and Spoofing covered under Cyber Insurance?
In today’s technologically advanced era, individuals face a growing risk of cyber threats, such as phishing and spoofing attacks. As these malicious activities continue to develop, individuals are proactively seeking to safeguard measures through personal cyber insurance policies. This article explores phishing & spoofing coverage under Cyber Insurance, emphasising the importance of personal cyber security […]
Third-party liability coverage under Cyber Liability Insurance
In the modern digital environment, businesses are confronted with escalating dangers associated with cyber events. The surge in cybercriminal activities and unauthorised data access has underscored the significance of having cyber-crime insurance coverage. Due to the increasing cyber threats, having third-party liability coverage under Cyber Insurance has become imperative. While this insurance safeguards against monetary […]
Exploring Common Types of Cyber-crime and How Cyber Insurance Responds
In this tech-savvy world, cybercrime is on the rise, haunting everyone from individuals to organisations! Watch out, because technology is becoming a part of every corner of our lives, and the risk of cyber-attacks has gone off the charts! Be cautious and protect yourself from cyber threats! In this article, we will explore common cybercrimes […]
What are the important features of a Cyber Insurance Policy?- Infographic
Important Features of a Cyber Insurance Policy In today’s fast-paced digital landscape, where data breaches and cyber threats lurk around every virtual corner, safeguarding your business with a robust cyber insurance policy has become non-negotiable. But what exactly should you look for when choosing the perfect cyber insurance policy? Let’s dive into the crucial features […]
Key Considerations for Choosing Cyber Insurance for Your BPO Business
In the digital transformation era, businesses rely heavily on technology for their day-to-day operations. As a BPO business, it is especially important to ensure that your operations and data are properly protected from cyber threats as these have the potential to cause significant financial losses or reputational damage. India’s BPO Sector therefore should seriously consider […]
Securing Patient Data: The Role of Cyber Liability Insurance in the Healthcare Sector
Introduction: Cyber Insurance helping secure patient data Patient data safety is crucial in healthcare. In fact, medical information is highly sensitive and personal. Patient records contain valuable personal details, including names, addresses, and Social Security numbers, which can be exploited if accessed by unauthorised individuals. Therefore, the role of Cyber Insurance in securing patient data […]
Cyber Liability Insurance for Indian E-commerce Startups: Safeguarding Against Data Breaches
Cybersecurity threats in the e-commerce industry are increasing over the years. As per the research, almost 50% of e-commerce startups/companies report cyber threats of some sort. These companies handle a significant amount of customer data, including personal and financial information. Protecting this data is crucial for Cyber Insurance protection for Indian e-commerce startups. They have […]
Cover for Cyber Extortion and Ransomware under Cyber Insurance
In today’s interconnected global landscape, businesses face a rising and ever-present danger in the form of cyber threats. Among these threats, cyber extortion and ransomware attacks stand out as particularly damaging, with the potential to inflict severe financial losses and harm a company’s reputation. In order to combat these cyber risks, businesses are turning to […]
What is a fiduciary insurance policy?
If a company sponsors a retirement or health plan for its employees, then the person involved anyway with the management of that plan, is considered a fiduciary. A fiduciary is held personally liable for a breach of his fiduciary duties. For many businesses, offering an employee benefit plan is a way to retain and retain […]