What Is Cyber Insurance?

Cyber-insurance aims to protect businesses from Internet-based risks and, more generally, from damage arising due to fraudulent activities related to information technology infrastructure and activities. In addition, having a cyber insurance policy can help you surf stress-free as it potentially covers the financial cost of some elements of dealing with the malware attack, phishing, etc., and recovering from it.

Now, since most of the people have moved to the 'new normal' way of doing things, with virtual operations of businesses, virtual meetings and classes, and virtual entertainment, the probability of anyone becoming the victim of cybercrime has also gone up. Hence, to protect you and your family from any sort of unforeseen event while surfing the internet, HDFC ERGO has come up with a fully customizable cyber insurance product with innovative cover options and modular design, that covers all kinds of risks in the digital world. HDFC ERGO has designed cyber sachet insurance in such a way that you can either choose any cover from a wide variety of our pre-customized plans or make your own cyber insurance plan, specific to meet your requirements.

Why Do You Need Cyber Insurance?

We live in a digital era where we cannot imagine our single day without the internet. Especially with the coronavirus pandemic far from over, we still rely on virtual platforms for daily business operations. However, with the extensive use of the internet, there is a need to safeguard your data from any sort of cyber-attacks.

Nowadays, digital payments are at an all-time high, but so are dubious online sales and fraudulent transactions. Cyber Insurance can safeguard your losses online and ensure you are protected if anything goes wrong. It will help you carry out your online activities without the constant worry of financial losses due to cyber threats. While surfing online, you get exposed to different types of risks, depending upon the nature of your activity. Hence, HDFC ERGO has designed cyber sachet insurance, which is fully customisable to meet your requirements and thereby help you operate digitally without any stress or worry.