The threat posed by cybersecurity risks to organizations is growing at an accelerating pace. Across all regions of the world, organizations of various sizes are experiencing increasing financial losses and reputational damage as a result of cyberattacks—creating significant concern in the business community.
As digital technology becomes an indispensable part of both corporate and social life, cyber risks will continue to proliferate in parallel with the speed of these technologies. Regardless of whether data is processed or stored via mobile devices, computers, servers, or online platforms, every individual and organization handling electronic data faces this risk.
Turkey’s position as the 8th most targeted country for cyberattacks further underscores the urgency of addressing these ever-growing cyber risks.
Cyber Risk Insurance provides coverage for damages arising from the breach of personal or corporate data, loss of net profit resulting from network security breaches or network interruptions, as well as the expenses necessary to mitigate potential reputational damage caused by such incidents. It also protects against a wide range of other risks and associated losses.
Data Loss
Network Security Breach
Unauthorized Use of Computer Systems
Denial-of-Service (DoS) Attack
Malware
Data Corruption
Loss of Profit
Defamation, Plagiarism, and Infringement
Acts such as:
Defaming, damaging the reputation or personality of any individual or entity
Slander, libel, disparagement, product disparagement, trade libel
Infliction of emotional distress
Wrongful registration or unlawful eviction
Trespassing, unlawful surveillance
Wrongful detention, malicious prosecution
Gross negligence or reprehensible conduct
Breach of Confidentiality and Misuse of Trust
Malware, Denial-of-Service, and Unauthorized Use
Cyber Extortion Expenses
