Cyber Risks Insurance

With the tremendous growth of electronic networks, the world has been become more digitally-connected than ever. Companies nowadays increasingly face new risk and exposures, ranging from physical losses, business interruption to liabilities and associated costs and expenses as a result of Cyber Attacks and Data Breaches. Welcome to the digital age, Cyber Risks are now a major threat to their businesses!

Cyber Insurance, a specialized insurance product, designed to protect businesses and individuals from an ever-evolving range of risks in response to fast-growing market needs and requirements. 

Cyber Insurance provides coverage against financial losses resulting from damage to or loss of information from IT systems and networks. Broadly speaking, Cyber Risks can be sub-divided into two affected categories, first-party and third-party exposures. Cyber Insurance exists to cover either or both of these type of risks exposures namely:-
First-party coverage may include:
  • Loss or damage to digital assets including data and software. 
  • Theft of money or digital assets through theft of equipment or electronic theft.
  • Business interruption due to denial of access to network or system.
  • Reputational damage arising from data breaches causing loss of intellectual property or customers.
Third-party Insurance coverage may include assets or information of others, typically your customers:
  • Loss of customers' private data and may include compensation to customers for failure of software / system, or denial of access.
  • Breach of network security and privacy, cost of defense / investigation, and associating civil damages.
  • Multi-media liability: cover cost of defense / investigation, and civil damages arising from defamation, privacy breach or negligence in publication of electronic or print media.

Have a query or question? Please call us on +84 (28) 3514 7969 or email us at [email protected] for further advice!
CONTACT US

Chat Services
 Operating Hours (Vietnam Local Time)
 Mon – Fri                                08:30 AM – 06:00PM
​At all other times we shall respond to your queries within 24 hours and would be grateful if you could kindly leave your contact details
OPERATIONAL INSURANCE SOLUTIONS
WHAT'S NEW
OTHER NEWS