The current cyber attack is targeting routers in particular. The victims are private individuals as well as governments and institutions. Employees working from home are increasingly the subject of these attacks. These private routers are then used to attack government offices. Christoph Guntersweiler, Helvetia Cyber Insurance Manager, explains: "Companies in particular have to protect themselves as best they can against these types of attacks." He recommends: "In the event of this type of attack, the two key measures are that companies keep their virus scanners up to date and continuously update their software."
5 tips against cyber attacks
Helvetia has compiled 5 tips on how to minimize the cyber risks:
Helvetia supports SMEs
Helvetia has published a checklist for SMEs on its website. "In the event of this type of attack, even these measures cannot offer 100% security" says Guntersweiler. Helvetia launched Cyber Insurance in January 2018 to cover the risks incurred by SMEs. This insurance protects an SME against a number of risks relating to digital data and software. Helvetia is also engaging in dialogue with SMEs on cyber risk-related topics. Because as soon as you address the issue you will be better prepared in the event of an attack and can react faster and with targeted solutions.
Infographic: Checklist for protection against cyber risks
This media release is also available on our website www.helvetia.com/media.
In 160 years, the Helvetia Group has grown from a number of Swiss and foreign insurance companies into a successful international insurance group. Today, Helvetia has subsidiaries in its home market Switzerland as well as in the countries that make up the Europe market area: Germany, Italy, Austria and Spain. With its Specialty Markets market area, Helvetia is also present in France and in selected regions worldwide. Some of its investment and financing activities are managed through subsidiaries and fund companies in Luxembourg and Jersey. The Group is headquartered in St.Gallen, Switzerland.
Helvetia is active in the life and non-life business, and also offers customised specialty lines and reinsurance cover. Its business activities focus on retail customers as well as small and medium-sized companies and larger corporates. With some 6,600 employees, the company provides services to more than 5 million customers. With a business volume of CHF 8.64 billion, Helvetia generated underlying earnings of CHF 502.4 million in the 2017 financial year. The registered shares of Helvetia Holding are traded on the SIX Swiss Exchange under the symbol HELN.
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