As the world becomes increasingly connected, risk management strategies must adapt and evolve to mitigate the traits associated with cyber attacks. All types and sizes of organizations including aviation operators are at the great risk. The average organizational cost of data breach was $4.6M* in 2016.
Within Cyber Insurance two Interrelated services, are offered to you as part of the MEBAA Insurance program.
To comprehensively manage cyber risk clients should first fully understand their assets, their vulnerabilities and the range of threats they might face. The cyber security assessment service provides you with a comprehensive cyber risk landscape overview.
We have partnered with ways internationally accredited cyber security company to provide you with an independent assessment of your cyber risk landscape including processes, governance and technology, and offer a valuable recommendation on how to lower the risk of a cyber attack. The assessment also provides key information that will enable a cyber insurance policy to be issued at the most competitive rates.
Acknowledging the inevitability of a cyber attack, companies are including cyber insurance policies as part of their overall risk management strategy. By insuring losses from information security breaches you are able to hedge potential losses from cybercrime.
MEBAA insurance provides coverage for, breach costs, cyber business interruption, cyber extortion, crisis containment, privacy protection and media liability.
For Cyber Insurance enquiries, MEBAA Members should approach their local insurance providers to contact: firstname.lastname@example.org