The financial damage of cyber attacks is estimated at six trillion dollars per year until 2021.
While the types of cyber attacks are constantly changing, the largest increase in claims is due to phishing and ransomware attacks. Not only the number of such claims is increasing, but so is the cost, as cybercriminals constantly change their methods.
If your company is insured with a Chubb Cyber Risk Insurance Policy - and is a victim of a cyber threat or attack - you can be sure that the specialized claims team is there to guide you through the claims process 24 hours a day. Regardless of the type of threat or size of your business.