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