Cybersecurity
Since the rise of the Internet, companies have harnessed this tool to expand their range of operations and enhance their efficiency. This utilization is both fascinating and practical, but it comes with numerous risks. Technology has advanced, and regrettably, so have malevolent individuals. Whether called pirates, hackers, fraudsters, or cybercriminals, they are resolute in their efforts to engage in remote theft.
L’assurance cybersécurité
All companies with internet connections and data, whether for their own use or for their customers, are susceptible to hacking and potential breaches of their computer databases. It is incorrect to assume that only large corporations can fall victim to such attacks. Any business, regardless of its size, can become a target of a cyberattack.
To shield yourself from the repercussions of theft, hacking, or data loss, as well as financial losses, Le Groupe AFER Ltée aims to raise your awareness of this reality and provide you with cyberattack insurance.
47% of cyber attacks in Canada are aimed at small and medium-sized enterprises (SMEs).
What is it about ?
Cybersecurity Protection
A privacy breach encompasses the loss or theft of personal information, along with unauthorized use or access to the personal data of employees or customers. Our cybersecurity protection is designed to assist you in resuming normal business operations in the event of such a breach. Regardless of your business's size or nature, you can fall prey to a cyberattack.
What are the most common sources of cyber risk?
Computer network security breaches, hacking and data theft.
Failure to respect the confidentiality of the company's information and that of its customers.
Damage to the company's reputation and trademark in the event of theft of information.
An unintentional or accidental violation.
A failure or misconfiguration of systems.
Who needs cybersecurity insurance?
The AFER Group Ltd. firmly believes that all businesses are vulnerable. Whether you own a retail store, an online business, a manufacturing company, a web agency, an IT firm, a supplier of hosting and application services, or a professional office, the size of your business doesn't matter. Once your company has a computer network and is connected to the internet, it becomes a potential target for a cyberattack.
Some statistics
- According to a study carried out by Intact Assurance, 31% of reported incidents involve companies with fewer than 100 employees.
- Companies that have been victims of these cyberattacks have suffered heavy damage.
- 51% experienced a temporary service interruption.
- 42% experienced a loss of productivity.
- Verizon's 2015 Data Breach Investigations Report indicates that the expenses associated with data breaches can vary significantly. They are, in part, influenced by the quantity of files affected, which may incur specific fixed costs per breach. For instance, the correlation between investigation costs and attorney fees and the number of files lost isn't necessarily as direct as the correlation between the expense of credit monitoring services and the scale of the credit contract. These services are typically provided by major credit monitoring companies that businesses entrust with such responsibilities.
Some examples of risks covered
- Remediation Fees
- Operating losses
- Certain legal fees
- Hack
- Damage to equipment
- Costs caused by the threat
- Extortion and crisis communication
- Liability to a third party resulting from unauthorized access
- Defamation
- Theft or destruction of data
- Non-compliance with laws relating to privacy, the collection, transmission and use of private data
- Incident response costs
Phone hacking