The increasing networking of IT equipment, machines and systems raises efficiency – but also the risk of cyber-crime. Companies can protect themselves with Cyber Insurance: This will reimburse financial losses caused by data loss, manipulation or data protection breaches.
Criminal attacks from the Internet such as hackers or cyber blackmail are not the only threats to data security at SMEs. Data can also be lost or damaged by careless employees – by unintentionally installing harmful software or passing on confidential data to a third party, for example.
Cyber damage can result in numerous costs – for things like damage analysis, data restoration or settlement of liability claims. Helvetia’s Cyber Insurance covers all these costs, including fees for legal advice in connection with cyber damage or losses.
Cyber risks insurance makes sense for any company that uses digital data and is connected to the Internet. This effectively includes all companies in Switzerland. There are already cyber risks involved in online banking or Internet telephony (VoIP). The more a company is networked and the more its business operations depend on a functioning IT system, the more important it is to have cyber protection insurance.
Unlike insurance for IT systems, for example, Cyber Insurance pays out in cases where there is no direct property damage, for example if there are purely data losses. Production stoppages due to servers being blocked are another case for Cyber Insurance. At a glance: The insurance helps in the event of
Despite all the security precautions and anti-virus programs available: there is no such thing as complete IT security. Every SME that uses digital data is at risk of data loss and the resulting consequential damage. This insurance is therefore strongly recommended to ensure optimum risk management.
Consisting of IT security specialists, PR advisors, legal advisors and data protection specialists, Helvetia’s expert network provides advice and assistance with prevention and in the event of a claim.
Helvetia customers can also make their employees aware of the issue of cyber risk with free security training.