Digital developments go fast and the risk that your company faces cyber incidents is great. Because the impact can be enormous, many companies choose to have a cyber insurance via SECtricity. This will protect your company against cybercrime, ransomware, data leaks or other cyber incidents. This ensures the digital data flow and the continuity of your business. Anno 2018 is a cyber insurance as natural as a car insurance.
Also the upcoming General Data Protection Regulation (GDPR) is a good reason to take a cyber insurance. This legislation applies from May 25, 2018 and imposes strict standards for the treatment of private data. Infringements against this will be punished with high fines, up to 4% of the total annual turnover. This is also taken care of in a cyber insurance policy. (your own GDPR company video?)
Prices are very attractive. For example, a small SME with less than € 500,000 turnover can take a cyber insurance for € 400 per year. This covers the own damage as well as the civil liability towards third parties. In the event of a cyber incident, you also have a network of experts at your disposal to manage the cyber crisis - as shown in the image below:
In the first instance, the insurance offers technical assistance. As an insured person, you can call an emergency number day and night. There you will get a top expert on the line. If a solution can not be found by telephone, someone will be on site.
Cover financial damage
If your company incurs financial damage, you are insured. Just think of a webshop that does not do it anymore, order processing that stops, an accounting that is gone, customer databases that are gone, etc.
Damage to third parties
The damage to a third party is insured. For example, when privacy-sensitive data is stolen and a liability claim is filed against your company.