The risk of corporate data loss and misuse is ever-present. What to do if preventive measures fail, negligent behaviour occurs, or we get fined by a supervisory authority? The maximum fine for non-compliance with the legislation is now €20 million, or 4% of the company's total annual turnover. In addition, most attacks are conducted anonymously, so even the frequent argument 'it cannot happen to us, we are not interesting' is a big mistake. The good news is that the cost of these losses and penalties can be covered by cyber risk insurance!
Read more interesting information about this insurance program. If you are interested in more information, you can contact a colleague at firstname.lastname@example.org.