New insurance solution for IT damage
Cyber risks are a growing concern for Swiss companies. Funk has now exclusively designed a customisable insurance solution for this: The Funk CyberSecure policy.
Many damages do not have a criminal background.
The policy offers protection not only in the event of cyber attacks on companies by criminal third parties. The CyberSecure policy also provides security in the event of damage caused by employees acting carelessly or intentionally, as well as by a failure due to technical problems in the IT. For many companies, cyber insurance will establish itself as standard coverage in the future.
Frequent IT damage
As Rolf Th. Jufer, member of the Executive Board of Funk Insurance Brokers AG, points out, companies currently often underestimate the damage that is not caused by criminals. The hacker attacks on state-affiliated businesses and private companies in Switzerland have drastically raised awareness of cyber dangers in recent weeks.
It is often ignored that the most frequent IT damage is caused within the company itself. Among other things, because the complexity of the IT systems provoke errors.
Advantages of the comprehensive protection of "Funk CyberSecure":
- Insurance cover also in the event of non-targeted cyber attacks
Many cyberattacks are not directed at a specific target. Instead. Hackers put viruses into circulation and hope that they will dock somewhere.
2. cover in the event of operating errors and employee crime
Damage to IT is not only caused by attacks from outside, but is often caused by carelessness or malicious intent on the part of the company's own employees.
3. protection in the event of technical problems
As IT systems become more and more complex, their susceptibility to errors also increases. The policy reliably covers system failures due to technical problems.
Because prevention is just as crucial for protecting data, the IT infrastructure and raising employee awareness, Funk works with professional partners InfoGuard and MME in this area.
