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CYBER INSURANCE2018-09-27T09:25:48+00:00

INSURANCE AGAINST INTERNET FRAUD

In times of increasing digitalization in all areas of life and work, information – and data security should be a key issue in corporate risk management. Essential risks like theft or misuse of sensitive corporate data or the paralysation of entire systems are still very much underestimated. Associated costs and a damaged reputation can be enormous and even threaten the company’s existence.

The annually growing number of cyber attacks in Austria shows that even with state-of-the-art IT security systems, internet fraud is almost unmanageable. By providing you with a bespoke cyber protection, we ensure that not only your own damage is covered in such case but also claims of third parties.

TYPICAL EXAMPLES OF DAMAGE

  • Assumption of costs for IT and costs for damage to company equipment

  • Cover of costs for a possible business interruption

  • Costs for data rescue and recovery

  • Assumption of costs for legal advice as well as crisis communication e.g. In order to avoid/minimise damage to the company’s image

  • Costs for informing partners and customers involved

  • Assumption of costs for the payment of claims for damages or the defence against the same

  • Support for regulatory investigations and insurance coverage for fines

  • The company itself

  • Managing directors, managing board members and advisory board members

  • Workers and employees in the performance of their work

IIB-Christian-Pedak

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CHRISTIAN PEDAK

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