Cyber insurance

Cyber Insurance

The internet provides businesses with many advantages, for example, remote control of machinery. However, these advantages also have significant risk potential, including, amongst others, anonymous cyber attacks on your company's IT network.

The number of possible harmful situations is high. Examples of this include:

• A DDoS attack by hackers means your website can no longer be accessed.
• Hackers penetrate your computer system and edit, modify or remove sensitive data.
• Unauthorised access to personal data, requiring written notification to the affected parties.
• Customer information is used illegally or published as a result of a hacker attack.
• Malware such as viruses are transferred to a third-party system via the company's internal computer system.

With a combination of DUAL cyber insurance and your internal IT security, you can provide optimum cyber protection for your company.

DUAL Cyber Defence cover

In case of a cyber event, your DUAL cyber policy will have you fully covered. Regardless of whether you have been affected by a targeted cyber event (where hackers specifically attack your company) or a non-targeted one. The insurance coverage includes:

Third-party damages:

• Data protection violations
• Data privacy infringements
• Network security infringements
• Unlawful communication
• Contractual penalties for the violation of PCI data security standards
• Disclosure of company and industry secrets

First-party damages:

• Immediate emergency assistance
• Information and notification costs
• Interruption of business (loss of profit and running costs)
• Data recovery costs
• Damage reduction costs
• Crisis communication costs / public relations measures
• Credit monitoring services
• Cyber theft

Our service promise

When you have a claim, we and our service partners are there for you with our concentrated know-how and our excellent around-the-clock service, 365 days a year. In the event of a claim, you can also make use of our service partner's specialists for computer forensics, IT experts, lawyers and PR advisors.

If your company identifies that it has been the victim of a cyber attack, our hotline is available for an initial consultation right away, 24 hours a day, 365 days a year. Often, we can help you avoid damages or reduce their severity right there and then. If the problem cannot be directly resolved, you will receive a call back within an hour to discuss the next steps with you.

An excellent team of computer forensics specialists is available to help you through the next steps. They can determine the cause of the issues, initiate the necessary measures and can close the security gap.

Downloads:

AVB-Cyber Defence

Product Information