Cyber
Insurance

Business digital exposure is growing. So are the Cyber Risks.

The digital world is rapidly evolving and businesses around the globe are facing major online risks. Modern businesses are vulnerable against a range of digital threats: cyber-attacks, system breaches, confidential information leaks, destruction of data, etc.

Cyber Risk Insurance is a comprehensive program that evaluates corporate risk and manages threats, including analysis and operating playbooks suitable for each type of threat. At NAK Katsiberis, we create such tailor- made insurance programs to protect your business growth in a constantly changing digital world.

WHY CHOOSE CYBER RISK INSURANCE

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The implementation of the European General Data Protection Regulation (GDPR) imposes severe fines for voluntary or even involuntary leakage of personal data, further highlighting the need to protect business against cyber risks.

02

Cyber Risk Insurance is designed to provide a complete program to manage, analyze and ultimately respond to crises in the digital world that may significantly affect the viability of the insured business.

03

Cybersecurity incidents can seriously damage corporate reputation, consumer’s, and partner’s trust.

04

The constant evolution of technology makes it almost impossible to be completely protected from cyber- attacks and businesses must take advantage of all available preventive measures, such as insurance.

CYBER RISK INSURANCE: FAQ

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Which businesses need cyber risk insurance?

Every business that manages personal data and has an online presence, as well as activity, such as: banks, insurance companies, online stores, telecommunications companies, educational organizations, hospitals - clinics - medical centers, service companies, public interest organizations, transport companies, logistics companies, online pharmacies.

Cyber Risk Insurance is needed by most businesses.

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What does Cyber Risk Insurance cover?

Costs of damage in information systems with the assistance of specialized IT consultants and legal advisors
Damage to PC systems as a result of cybercrime
Loss of revenue from interruption of business activity due to an incident of breach of information systems
Loss of business reputation
Third-party liability
Third-party liability

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What is a cyber-attack?

As the digital landscape evolves due to the advancement of technology, so does the definition of cyber-attack. Any deliberate attempt to harm or destroy computer networks, computers, websites is considered a cyber-attack. At the same time, the attempt to steal, alter, destroy data, with unauthorized access to networks, computers and other digital devices falls into the same category.

CyberInsurance