Tag Archives: Cyber Insurance
Cyber Insurance may not be available if you are “Negligent”
In the context of huge regulatory fines envisaged under GDPR, there is a renewed interest in Cyber Insurance among Data Processors everywhere. Since liability under GDPR may arise not only for payment of compensation to data owners but also for … Continue reading
Does Your Vehicle Insurance also provide you Cyber Insurance?
Cyber Security specialists have recently demonstrated how a commercially sold car can be effectively taken control of by a remote “Hacker” leading to disastrous consequences. This article in Washington Post graphically sketches how a hacker can cut off the engine or … Continue reading
Is Domain Name an Insurable Asset?
Ever since Internet became a key channel of contact with prospective customers for a business entity, domain Names have become an important identifier that enables this customer connect. Today, a domain name is the most important element of “Brand building”. … Continue reading
If there is a “Glassdoor Attack” on my company, am I covered by Cyber Insurance?
Indian Companies are facing a new kind of reputation attack by disgruntled employees posting defamatory messages through companies such as Glassdoor who have built a business model around monetizing the disgruntlement of employees. The essence of this model is to … Continue reading
If I am ISO 27001 certified, am I getting a premium cut for Cyber Insurance?
Cyber Insurance is a means of transferring the risk that an organization is unable to avoid, mitigate or absorb. However when a company approaches a Cyber Insurer or a Cyber Insurance Broker, and a question of the cost of insurance … Continue reading