PORT CYBERSECURITY INSURANCE

Cyber insurance is a crucial lifeline in safeguarding ports and terminals against the financial fallout of cyber incidents. This specialized coverage assists in mitigating financial losses incurred due to cyberattacks, data breaches, and other digital perils.
While every cyber policy is unique, typical coverage types include business interruption losses, computer forensics, data recovery and restoration, damaged or compromised systems repair or replacement, legal fees related to regulatory issues or third-party lawsuits, crisis communication and public relations fees, customer notification, call center setup and operation, credit monitoring services, ransom payment (if legally allowed), lost funds, customer credits and refunds, and reputational damage. BD

Speaker: TBD, Armada Global