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What is cyber insurance for SMEs?

Posted: Sat Dec 28, 2024 4:30 am
by jrine
Small and medium-sized businesses, better known as SMEs , must protect themselves against any type of attack, so that their activity is not harmed. It is also important for them to have support to stay safe from digital crimes.

For this reason, it is recommended to have cyber insurance for SMEs . What is it and what protection does it offer?

Cyber ​​insurance for SMEs is one that prevents the possible consequences of digital extortion, data hacking, theft of computer equipment, account fraud, loss of information or any other virtual attack.

This service is a result of the increase in digital crimes that undermine the security and operation of SMEs. BBVA is one of the institutions that offers this service, so that the information of companies and their clients is not exposed and misused.

Coverage is for the entire national territory and the contract can be made digitally, with the option of monthly or annual payments.

This cyber insurance offers indonesia telegram mobile phone number list protection against multiple threats. For example, you can access legal advice for proper crisis management, as well as to cover damages suffered by a property or a person outside the company during work activities related to the SME.

Likewise, if your company is the victim of a cyber attack, the policy can cover the payment of extortion as well as the expenses arising from legal and technological consulting.

If a client's confidential information is accidentally leaked and they wish to take legal action, the insurance will support you with the costs of the defense or cover any regulatory fines resulting from the incident.

With this service you can also protect your company's finances. If any of your business cards are stolen or misused, cyber insurance protects you against unauthorized purchases and transactions.

Now that SMEs must be present in the digital world to multiply their reach, it is essential that they are protected with this type of insurance to avoid any possible damage.