Covers Under Cyber Security Insurance
- Financial losses incurred due to IT theft, phishing, and email- spoofing.
- Financial losses from fraudulent online transactions via internet banking, e-wallet.
- Defense costs as a result of any claim filed by the insured.
- Expenses from reputational liability, including claims alleging defamation.
- Costs related to cyber extortion loss, transportation, and photocopying of documents court summons.
- Legal Fee for claiming damage fee or prosecution cost against third party.
- Legal expenses of criminal prosecution in case of cyber harassment, stalking or malware attacks.
- Technical expenses & consulting fees incurred for hiring experts to calculate amount & extent of losses during malware attack.
- Mental health expenses incurred for medical consultation by the insured to treat stress or anxiety.