Cyber Insurance mitigate damage

Safety awareness is strengthened

Policies against cyber-attacks that already have several insurers offer, have several positive effects for companies.

"Insurance against cyber-attacks are becoming increasingly popular for German companies. Several reputable insurers have appropriate policies already on offer. This is due to the increasing number of serious security breaches around the world that make headlines again. With the so-called cyber-insurance companies can reduce the impact on their business - an already widespread overseas action to protect with security incidents.

Protection from what?

With the appropriate insurance, companies do not protect against the occurrence of security breaches, but their consequences. Absolute security does not exist, as determined threat author always looking for new ways to break into networks and stealing data.


The damage caused thereby is determined not only by the amount of information that is compromised by an attack. The consequences of a serious cyber-attack can be immense and affect mainly on efficiency, competitiveness and the reputation of a company. The economic damage caused by cyber-attacks worldwide amounts to around 400 billion US dollars per year. According to a recent report from FireEye attackers move on average 205 days unnoticed in a corporate network before the attack discovered and can be curbed. During this time, the attacker can cause considerable damage unmolested.

Positive pressure on companies

Some country is the most common target of Advanced Persistent Threats. The companies are especially in the focus of attackers because the advanced and technologically sophisticated economy attractive targets for cyber criminals from all over the world holds - for example, the intellectual property of the development of innovative products or credit card information of countless customers.

Not only is the excellent reliability of companies in case of a cyber-attack a positive effect of the new policies. In order to maintain the insurance status, companies must meet specific safety requirements, predicated by the insurer. For the majority of companies this means that they step up their security measures and to maintain a better and more careful use of their security systems in the long term. This benefits both sides of the insurance model. Insurers can thus protect the viability of companies, in turn, give the security of their systems more attention. You will be given a new incentive to always meet new security measures while also cyber criminals continue to develop their methods of attack constantly.