Insurer partners with data security specialist Vega
Chartis has launched a new product aimed at protecting against aggregation of cyber risk.
CyberEdge breaks down a complex set of risks into clear and understandable categories.
It covers a range of cyber threats that any organisation that deals with electronic information can face, from data liability to network interruption and cyber extortion.
“While companies understand the threat of a cyber attack or data breach, many remain unaware of the potential aggregation of cyber risks,” said Chartis UK’s senior vice-president of financial lines, Jason Grant.
“A single data leak or cyber attack can quickly lead to the build up of multiple problems, such as shut down servers, regulator fines, informing clients, brand damage, director liabilities, loss of confidence and ultimately loss of business.”
Chartis has partnered with information security specialists Vega to offer risk consultancy that can respond to the crisis in time and help clients take the best course of action.
For more on cyber risk and corporate technology, see this month’s Knowledge special.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
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