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Electronic insurance from cyber attacks

27 July 2024

Individuals and companies need what protects them from exposure to electronic risks and guarantees them protection during any activities on the internet or electronic activities in general, so this is what electronic insurance does as it provides people with protection from exposure to data hacking or electronic blackmail, life is full of risks facing entrepreneurs and people, especially in the vast and risky and problematic electronic world, so the decision of electronic insurance has not become a luxury in our time, and brokerage provides you with many choices for electronic insurance policies, as it is a well-known insurance brokerage company, and this makes it provide you with the best and most appropriate choices Depending on the situation and field of your business so that you have the best protection from electronic risks.

What is electronic insurance?

It is a type of insurance that guarantees you electronic protection from cyber attacks such as data hacking, electronic extortion and malware that can harm users of electronics and digital technology, as cyber risks have become a major threat to companies and businesses and threaten their activities greatly, therefore insurance protection has become a necessary thing that cannot be overlooked.

Electronic piracy insurance policy

With all the development that is happening in electronics, the cyber threat and hacks are increasing, therefore, electronic piracy insurance policies have become an indispensable thing for those working in the electronic fields and digital technology to protect their information from hacking and reduce financial losses that may be exposed due to cyber attacks.Therefore, brokerage provides you with many options for electronic piracy insurance policies that provide you with financial support when losses occur and also enhance electronic protection against cyber intrusions that threaten your business.

Why do you need electronic insurance?

Most companies nowadays rely on electronics and digital technology, so you have to protect your company from hacking or digital extortion and protect information from being hacked or cyber attacks that cause significant loss of money.

Therefore, the electronic insurance policy provides you with full protection of your company's sensitive data, as well as provides you with protecting your reputation, enhancing the trust of your customers and managing the risks that you may be exposed to, which can cause many losses for you and your company.

Benefits of electronic insurance 

Financial Protection

Electronic insurance provides you with the necessary financial protection in the event of a cyber breach of information, as it includes the costs of Information recovery and compensation for losses caused by the breach.

Cyber risk management

Where the electronic insurance policy can provide you with a consulting service to provide the necessary preventive measures to protect against cyber attacks 

Boost confidence

When exposed to hacking or cyber blackmail, insurance companies cover campaigns to restore trust between you and your customers to avoid these incidents and their impact on your company's reputation.

Support and consulting

The insurance offers you the service of consulting specialists in the field of cybersecurity to provide the necessary support in the event of a breach or any problem in the security systems.

Coverage of legal issues

When your company is exposed to any hacking that may cause lawsuits, therefore, insurance covers these costs and this reduces the financial burden resulting from the hack.

Strengthening security systems

Insurance helps you choose the best security systems such as choosing the best insurance systems and training employees to deal with any cyber threats.

How to choose an electronic insurance policy?

First you have to determine the type of risks that your company is exposed to in order to choose the right insurance policy for you and you have to determine the sensitivity of the information you have, then compare the offers provided by insurance companies and this is what brokerage offers you as it gives you the opportunity to compare the offers of insurance policies and reach the best suitable decision for your company, all you have to do is assess your needs and determine the extent of insurance coverage you need to protect your information from any cyber threat.

Examples of electronic insurance coverages

Data breach protection 

In terms of legal costs that need to be covered and also cover the costs of recovering lost information and data.


Protection from legal liabilities 

Cover the costs of lawsuits and expenses and compensate for financial fines that may be paid as a result of hacking systems and data.


Protection from cyber attacks

By paying for the restoration and preservation of information.


Protection from malware 

The insurance bears the costs of repairing systems damaged by malware and viruses

Cyber blackmail coverage

By paying the ransom in case of extortion and also the costs of investigating digital extortion.


Business interruption

Insurance pays compensation for business interruption so that no financial default occurs due to digital penetration.


Restoring reputation 

Insurance pays for PR campaigns to restore reputation after a cyber breach 


 Technical support

Where insurance helps you by providing consultations to access the best insurance systems against breaches