Listed insurer Britam has launched a policy aimed at protecting businesses from cyber risk.
The
product covers physical property damage, products liability, business
interruption or supply chain disruption from cyber-attacks.
Britam
Group managing director Benson Wairegi said the product targeting
individuals, small and medium-sized firms as well as large corporations
will enable users to protect themselves against cybercriminals, data
loss and the potential ramifications of a cyber-incident.
“Cyber
security threats will continue to become more advanced not just in the
financial sector, but also in many industries across the region,” said
Mr Wairegi at the launch of the new cover.
“It
therefore behooves all corporates to strengthen their core security
hygiene, adopt modern platforms and comprehensive identity, security and
management solutions to ensure customers’ details including medical
records, credit card information, bank account details and other records
are protected at all costs.”
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