Cyber Security Insurance
We advise small and medium sized organisations to consider procuring a cyber security insurance. Furthermore, a cybersecurity insurance gives your firm protection against financial losses caused by incidents like data breaches and theft, system hacking, ransomware extortion payments. Moreover, larger firms you do business with, might insist on some cybersecurity insurance coverage.
Besides, the terms and coverage vary across insurance vendors. Nevertheless, most provide professional help in case of a security incident which could prove invaluable when you do not have any inhouse experience. Most cover the cost of notifying your customers in the case of a data breach, support with legal defence and more.
Furthermore, there are many vendors out there, we like the professionalism of our partner Callant.be.
For more information on how to get started on GDPR do consult our knowledge base.