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    WHY Cyber Security Insurance?

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    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.

    data breaches by the numbers

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    On a average of 2,244 times a day, hackers attack every 40 SECONDS.

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    4.1 BILLION records were exposed in data breaches.

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    An average of $1,178 per employee is spent on cybersecurity.

    where do cyber attacks come from?

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    48% of malicious email attachments are office files.

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    34% of data breaches involved internal factors

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    65% of groups used spear-phishing as the primary infection vector.

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    94% of malware was delivered by email.

    Types of Cyber Attacks

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    Who Needs Cyber Insurance?

    Everyone!

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    Healthcare had the highest data breach costs at $429 PER RECORD.

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    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.

    what is covered?

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    Cyber Risks Insurance as a value-added service

    Cyber Risks Insurance also supports clients with strengthening their cyber security. Typical value added services offered by Insurers:

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    Cost effective solutions for SMEs

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    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.

    our Insurance Partners

    Why cyber security insurance with InsuranceMarket.ae™

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    25 Years of UAE Insurance experience
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    Dedicated personal shopper to answer all your questions
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    Simple and fast claims process
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    Highest rated insurance provider in the UAE
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    Exclusive Deals & Discounts