British Caribbean Insurance Company (BCIC) now has available CyberPro Version 3.0 Insurance Policy in association with underwriting syndicates of the 335-year-old global insurance institution in London, Lloyd’s. This insurance broadly offers protection against the financial fallout from cyber incidents, including data breaches, network damage, business interruption, legal fees, and even ransom payments. Insurance is different from that of bricks-and-mortar insurance since the product is a service as well as a service, not just a product.
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