EH-Net

Hello guys,

I would like to have your feed back on a subject I am interested in. During my studies I learn that one of the methods to mitigate risk is to buy insurance. But that was all, I didn’t found more specifications, even after I did some research on net.

So, I would like to ask you if you ever did this; maybe you have some links to companies that sell this kind of insurance (I am interested in companies from Canada), and maybe some case studies.

I imagine that the insurer will ask that the client have some security mechanisms and procedures in place, or even compliance to some standards.
Q: Who’ll check this compliance? Can a 3rd party company to do this?? (It can be a new business for my Co).

How do you make recommendations to the client?
How do you obtain quotes, and more important what can you insure – can you be insured against hacking, or accidental data loss, or…what?

Thanks,
Lucian

Have you had a look at Chubb: http://www.chubb.com/businesses/csi/chubb822.html

Here's another article that might be helpful explaining the procudure's and policies: http://www.csoonline.com/article/217739/Cybersecurity_Insurance_Safety_at_a_Premium

HTH

Thank you for the answer. I will look on the both websites.

Lucian