Cyber Insurance

Cyber Insurance

The most dangerous thing about cyber threats is that they are usually not detectible until after they have happened. Companies may have the best cybersecurity protection and policies in place, however, with cybersecurity only able to mitigate risk up to 99%, there is always the last 1% – Human Error – The Weakest Link in any cybersecurity chain. 

The vast majority of risk professionals believe the overall level of cyberattacks will spike as a result of COVID-19 -Willis Re, the reinsurance division of Willis Towers Watson.

Data breaches, electronic thefts, denial of service attacks and even simple employee errors make mitigating cyber risk an issue for every organisation. Considering all the possible cyber threats and risks you are exposed to every time you are online, we have designed our cybersecurity solutions with cyber insurance as the last line of defense for your digital assets. 

Netpluz is the first Managed Service Provider in the market to offer Cyber Insurance, extending End-To-End cybersecurity protection to cyber risk mitigation and transfer. 

  • SP Telecom

Netpluz CyberAssure, partnering with Chubb, the world’s largest publicly traded property and casualty insurer, to provide underwriting and risk management expertise for all major classes of general insurance, including Cyber Insurance for Businesses.

Increased reliance on computer systems and access to information can significantly increase a company’s vulnerability to cyber security threats. Outages, mistakes, or attacks on these new processes can result in significant out-of-pocket costs that can devastate an organisation’s bottom line. When it comes to data security breach or privacy loss, it isn’t a matter of whether it will happen, but rather when it will happen.

To prevent it from happening, you’ll need comprehensive protection from an insurer that specialises in handling cyber risks, offers a full suite of integrated insurance solutions to help minimise gaps in coverage, and understands how to tailor coverage for your business.

Features and Benefits of Cyber Insurance:

  • Mitigation and transfer of cyber risks
  • Protection against cyber threats and cyber crimes
  • Financial cost coverage
  • Safeguards big and small businesses from crippling down due to the damage caused by a cyber attack
  • Ensure cyber safety and security

 

Have a question or need more information? Contact us to find out how we can help you get covered against potential risks. Speak to us today.

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