US-based cyber-insurer At-Bay has announced the launch of two cyber insurance products to cover cyber malfunctions and reputational harm in the event of a cyber attack. Reputational Harm coverage protects against technical system failure in relation to a cyber attack or otherwise, while The Direct and Contingent System Failure provides reimbursement for income lost through negative press after an attack occurs. The products have been made available for all At-Bay brokers and clients.
US-based cyber-insurer At-Bay has announced the launch of two cyber insurance products to cover cyber malfunctions and reputational harm in the event of a cyber attack. The Direct and Contingent System Failure coverage protects against technical system failure in relation to a cyber attack or otherwise, while Reputational Harm provides reimbursement for income lost through negative press after an attack occurs. The products have been made available for all At-Bay brokers and clients.