Cyber Se­cu­rity and Privacy

Protects your data against misuse and loss

In today’s digital and extremely mobile world, data loss and cyber attacks are two of the most critical business risks of which every company needs to be aware. Cyber Security and Privacy is Zurich’s innovative solution.

At a glance

  • Pioneering insurance solution for medium-sized and large companies
  • Worldwide protection against the financial consequences of data loss and different kinds of cyber attacks 
  • Broad third party liability coverage and protection if your company incurs certain costs
  • Complements your existing internal risk management policy
  • Support from legal specialists  and IT experts before (pre-breach), during and after (post-breach) occurrences of loss
  • Modular insurance policy structure in which coverage components can be customized according to individual needs

In detail

Every company that digitally handles or stores the personal data of employees, customers, suppliers or business partners runs the risk of data loss or cyber attack. With the special insurance Cyber Security and Privacy, you can protect your business against claims made by third parties, covering yourself against potentially costly consequences.

Comprehensive insurance for different kinds of  cyber risk

  • Protection against claims for damages made by third parties if personal or business data is lost or made public
  • Protection against involuntary breach of privacy regulations
  • Payment of legal proceedings costs and legal defense costs
  • Liability coverage includes external service providers and suppliers for whom you are legally responsible
  • Optional coverage extensions, such as internet media liability insurance

Your business is financially protected against the following cyber risks 

  • Additional costs that could be incurred after theft or loss of data, such as costs for legal analysis, costs to retain lawyers and  PR consultants 
  • Costs of  notifying customers
  • Costs of reconstructing lost or corrupted data as well as costs to recover and repair damaged software 
  • Loss of revenue as a result of cyber attacks or data loss
  • Cyber extortion

Specialist claims team for cyber attacks

  • In the event of a claim, your company has global protection
  • A specialist team of legal and IT experts will support you in risk analysis (pre-breach), during occurrences of loss, and after cyber attacks (post-breach)

Good to know

  • According to analysis carried out by the World Economic Forum (WEF), cyber attacks are amongst the most significant global risks to businesses 
  • US studies have shown that the costs of losing the personal data of customers due to a cyber attack can easily reach seven figure sums
  • The EU is working to tighten privacy legislation. Companies will be obliged to report immediately when sensitive data is  lost or stolen. Higher penalties for breaches of data protection provisions are also envisaged

Our advisory service

Take the cyber risks to your business seriously. We would be glad to advise you.

Call 0800 80 80 80

from outside Switzerland +41 44 628 98 98