Cyber Insurance also referred to as Cyber Liability or Cyber Risk Insurance, is an insurance cover designed to protect organisations from unforeseen costs involved in recovery after a cyber security breach or similar event.
On a average of 2,244 times a day, hackers attack every 40 SECONDS.
4.1 BILLION records were exposed in data breaches.
An average of $1,178 per employee is spent on cybersecurity.
48% of malicious email attachments are office files.
34% of data breaches involved internal factors.
65% of groups used spear-phishing as the primary infection vector.
94% of malware was delivered by email.
Rachel has over 32 years in the international insurance industry in a variety of senior management roles, and a holder of the Diploma in Insurance from the Chartered Insurance Institute, Rachel surely knows her insurance! Having enjoyed a long career in The City, London’s financial district: as well as experience across continental Europe (working in Switzerland, France, The Benelux, Italy and Germany) and the Middle East.
Healthcare had the highest data breach costs at $429 PER RECORD.
43% of breaches involved small businesses.
All businesses are dependent on computer systems and the internet whether you are a micro business such as a convenient store or a large organisation in transport, logistics, financial services or retail.
Cyber Risks Insurance also supports clients with strengthening their cyber security. Typical value added services offered by Insurers:
Partnered with the leading Cyber Insurers in the UAE, InsuranceMarket.ae™ is able to provide a cyber insurance coverage for third party losses arising out of data breach to SMEs and micro businesses.
A simple 1 page proposal form needs to be filled and sent to us to provide terms.
25 Years of UAE insurance experience
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27th Floor, Control Tower, Motor City, Dubai
United Arab Emirates
PO Box 26423
Call: 800 ALFRED
Office: (+971) (0) 4 421 5819
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