Munich Re-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.
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.