Cyber risk crosses many coverages and sectors. Cover could be granted through a number of routes including:
Mono line Financial Lines cyber policy
Specific section under the InfoTech or Life Sciences package policy
Non-damage business interruption endorsement to the Property policy
Whether you’re a software developer, technology service provider, financial institution or law firm, you are faced with a highly dynamic technology environment that never rests on its laurels. Convergence, social media, big data analytics and cloud computing has created a transformative place in which to operate.
Your risks have evolved and grown. The need for an ever expanding network perimeter and connectivity with supply chain has increased the exposure of all business types to risk of a highly damaging information security breach.
Data breaches, electronic theft and vandalism, denial of service attacks and even copyright infringement make protecting sensitive data an issue for every organisation.
Cyber risks can not only disclose, alter, or deny access to regulated confidential and classified data, but can be the catalyst for causing physical injury or property damage – a cyber-physical event. The costs of notification to individuals, business downtime and investigatory/remedial costs can be devastating.
Cyber security threats are inevitable, but that doesn’t mean you can’t take steps to reduce your exposures and mitigate potential losses. With our expertise and specialist sector knowledge we can help you do just that.
Our Risk Engineers will work with you to help secure and protect your networks and information, including an investigation of:
Information governance including your risk management methodologies and framework
Cyber readiness – your technological and procedural controls Incident response – breach detection capability, incident response plan and recovery capabilities
Risk Engineering also offers a resource where policyholders can access whitepapers, webinars, articles and other information to better understand the changing cyber and data privacy threat environment.
Chubb has technology-focused risk engineering expertise that stays on top of the latest technology trends and provides guidance to keep our customers operational and out of the media.