How Cyber Insurance Policy Protects You From Vulnerabilities

Cyber security has become a far more serious and relevant topic of discussion for one and all. While cyber security has always been an important aspect for individuals, the remarkable growth in the number and type of worldwide cyber threats has made security a broad level issue. Indeed cyber security vulnerabilities exposes individuals to substantial risks in terms of financial losses, reputation damage and compliance. Before we go any further, let us first understand what are cyber security vulnerabilities?

Cyber security vulnerabilities:

In the world of cyber security, vulnerabilities are unintended flaws found in software programs or operating systems. Vulnerabilities can be the result of improper computer or security configurations and programming errors. If left unaddressed, vulnerabilities create security holes that cybercriminals can exploit.

Why do cyber security vulnerabilities pose security risks?

Here are specific security weaknesses that hackers target. They package it into a malware and the malicious software takes advantage of a vulnerability to compromise a computer system or cause an unintended behavior. What if your computer gets infected? The malware can steal your data, which allows hackers to take control of your computer. This can give rise to data theft, ID theft, financial losses and many more. If you’re a daily computer user, a vulnerability can pose serious security risks since malware can infect a computer through otherwise harmless web browsing activities, such as viewing a website, opening a compromised message or playing infected media.

What can you do to help protect yourself from cyber security vulnerabilities?

• To keep your computer and data safe, it’s smart to take proactive and reactive security measures.
• Your first line of defense is to be proactive by using comprehensive security software that protects against both known and unknown threats.
• Your second line of defense is to be reactive and immediately install new software updates when they become available from the manufacturer to help reduce the risk of malware infection.
• Your third and most important line of defense should be buying a comprehensive Cyber Insurance policy like that of Bajaj Allianz’s. The company is the first one to come up with Cyber Insurance and protect you from cyber threats.

Cyber Insurance protects you from the following:

• Identity theft
• Cyber stalking
• Malware attack
• IT theft loss
• Phishing
• Email spoofing
• Media liability claims
• Cyber extortion.

Let’s talk about Malware attack in this case. Nowadays it’s very easy for a hacker to infiltrate your digital devices by simply sending an SMS, email, internet download and more. This policy helps in the restoration cost and defense cost along with the cost of transportation to court and photocopying of documents. Get Bajaj Allianz's cyber insurance coverage against cyber security vulnerabilities today!