INSURANCE AGAINST HACKERS
INSURANCE FOR COMPUTER ATTACKS
INSURANCE FOR CYBERNETIC RISKS
FOUR TYPES OF MAIN ATTACKS
It is the type of malware that blocks access to the computer or encrypts your files leaving them inaccessible, and forces the victim to pay a ransom to recover them. In 2016, IC3 received 2,673 claims that caused losses of more than 2.4 million.
# CORREOS FALSOS
The report mentions fake emails specially designed to target corporate email groups. Criminals cheat a company's finance department to send money to the bank account they wish. In 2016, IC3 received 12,005 claims with losses of more than 360 million dollars, "explains the report.
# TECHNICAL SUPPORT SCAMS
These are the cases in which the criminal poses as a representative of a software, computer security or Internet company, and offers technical support to the victim to help him solve a problem that he does not really have. In 2016, IC3 received 10,850 claims that generated losses of more than 7.8 million dollars.
The report defines it as an incident in which a cybercriminal demands something of value from a victim, threatening it physically or financially with the disclosure of that sensitive information. In 2016, 17,146 cases related to extortion entered and caused losses of more than 15 million dollars.
LOSSES OF 1.33 MILLION DOLLARS IN 2016
The Internet Clime Complaint Center (IC3), a division that receives complaints about scams and crimes on the Internet, recently published its 2016 report gathering statistics on cases entered in 2015 in the United States.
According to the report, the victims of cyber attacks, lost 1.33 million dollars and 800 claims per day were registered. The most common attacks were fake emails sent to corporate accounts, technical support scams, ransomweare and extortion. Unfortunately, these figures are only a partial diagnosis, since millions of people around the world are victims of cyber attacks every day and only a small portion of them are reported to the authorities. For example according to IC3, in the United States, only 15% of cases reach the registers, and the same is repeated in all countries, so this is only a part of reality.
With the increase in cybersecurity risks around the world, it is imperative that companies take proactive measures to safeguard their data and those of their customers. One way to do this is by purchasing a cyber insurance.
Cyber insurance covers losses related to data violence. Cyber coverage protects both own entities (companies) and external victims (consumers), while E & O technology protects suppliers of technological products, such as web designers and software. Manufacturers