Ibercaja, through its bancassurance operator Ibercaja Mediación de Seguros, has reinforced its offer for the self-employed and SMEs with the launch of Cybersecurity Plus, a specialized insurance designed to address growing digital risks. This new insurance, taken out with the insurer Caser Grupo Helvetia, offers coverage against the economic, legal and reputational consequences derived from cyber attacks or security failures.
The insurance provides comprehensive protection against cybersecurity incidents, including damages resulting from data theft, extortion, fraud or business interruption. Likewise, the insurance includes specific coverage such as fund transfer fraud caused by computer attacks or social engineering techniques, telephone hacking – which covers the fraudulent use of communication systems – as well as civil liability, personal damages and expenses associated with the management of the incident. All of this makes this insurance a key tool for mitigating digital risks.
Extended coverage against digital risks
The new insurance is aimed at self-employed workers and companies with less than 500 employees that operate with computer systems or develop digital activity through websites, email or databases, among other channels. This insurance also allows you to adapt the level of coverage and economic conditions depending on the size and turnover of each company, thus providing protection tailored to your real needs.
According to the general director of Ibercaja Mediación de Seguros, Carlos Falcón, “currently, most companies operate in digital environments, which implies that any organization, regardless of its size or sector, is exposed to cyber risk.” In this context, having specialized insurance has become an essential element to guarantee business continuity.
The impact of cyber risks can result in the theft of business assets, leaks of customer data, business interruption, system restoration costs, reputational damage or liability to third parties, as well as financial losses resulting from fraud. Given this scenario, having cybersecurity insurance allows companies to face these incidents with greater guarantees and reduce their impact.
This insurance covers fund transfer fraud resulting from computer attacks or social engineering and telephone hacking
Falcón emphasizes that “it is increasingly necessary to have adapted solutions, which include computer forensic services capable of mitigating losses, restoring systems quickly and reinforcing protection against new threats.” In this sense, the role of insurance is not only reactive, but also strategic in risk management.
“It is no longer a question of whether a cyber incident will occur, but rather when it will occur,” concludes Falcón, who insists that having adequate insurance is key to protecting the income statement and ensuring the continuity of the company in an increasingly complex digital environment.
