Insurance Age – the newspaper of the Insurance broker community – has proposed a great stocking filler for companies which might be at risk of cyber-crime. An insurance policy covering many of the risks of cyber-crime. Data loss and potential forensic investigation services, is brought to the business community by Marchant McKechnie Insurance Brokers in concert with the Digital Forensics Alliance, and underwritten by Zurich.
For a very reasonable premium, the Cyber-Protect insurance policy would cover a business against the costs of investigating and securing their data against a wide range of cyber-crime threats. This could cover, for example, the costs of a full forensic examination of computer systems which a company suspects had been targeted in the process of committing a cyber-crime. This represents a significant opportunity for companies to avoid self-financing expensive and time-consuming investigation work which might otherwise be carried out by a fornesic investigator.
“Whilst forensic investigations are often expensive, it is important for companies to assess the risk they face, the impact a cyber-incursion might have on them and the costs of mounting an investigation – then on top of that the costs of reconstructing their data and the consequences that has on their future relationship with customers” comments Andrew Frowen, Managing Director of Nuneaton based digital forensics company IntaForensics.
You can find further details of this useful insurance policy at http://cyber-protect.co.uk/