Cyberinsurance with data protection for self-employed and SMEs

What does cyberinsurance cover?

With Cyberinsurance, you'll have access to a wide range of coverage¹ and services¹ suited to your business's needs. The annual insured sum is limited to €100,000, with a sublimit of €50,000 per claim.

Damage to your own computer systems:

Damage to or loss of data in computer systems, as the result of a non-physical event not covered by the policy (malicious IT action, malicious IT codes, data theft etc.). The costs of acquisition of software substitution licences are also covered, in addition to the following services:

Interruption of business:

There is cover for any economic damage caused by the total or partial shutdown of computer systems following a non-physical event (cybernetic attack) covered by the guarantee for damage to computer systems.

Compensation will be limited to the following:

Fines and sanctions for breaches of regulations:

Data protection cover applies to fines and administrative sanctions imposed on the process for inspection of a breach of privacy / data security.

Costs of notification:

Costs of restoration of image following sanctions by the Spanish Data Protection Agency

Cover for the costs of professional advisory services in marketing, communication, advertising etc. to restore the commercial image or mitigate the damage caused by a sanction covered in the policy, imposed by the State Data Protection Agency.

Cybernetic extortion threat

All necessary costs (following authorisation) to protect the computer system or mitigate the consequences of the cyberattack are covered. In other words, the costs are covered so that the threat is not carried out. The expenses of professional advice in Marketing, Communication, Advertising are covered,... etc., to restore the commercial image or mitigate the damage, caused by a sanction covered by the policy, and imposed by the State Agency for Data Protection.

Third-party liability for breach of privacy

There is cover against any indemnity for which the insured may be civilly liable for any damages occasioned to a third party (owner of the data) arising from the alteration, erasure, publication, theft etc. of the data in its custody as the result of a breach of data privacy or security due to IT actions.

For information ranging from personal data to confidential data of individuals, as these data are protected by Spain's "LOPD" Organic Data Protection Law and the GDPR.

Third-party liability multimedia and publicity

There is cover for any damages or losses occasioned to third parties for the publication of any contents affecting and having repercussions on the assets of the data subject, as the result of a malicious IT action.

There is cover for the publication of any kind of information caused by an IT attack or malware occasioning damages to the assets of the third party, not the negligent publication of information by the insured or its employees.

Outlays on defence and civil liability guarantees

There will be cover for outlays on legal defence, civil liability guarantees and court costs, including the costs of any unfounded claims. Provided the item referred to in the claim is covered.

Preventive services

A full analysis of the network and the devices connected to it can provide a complete picture of the threat and of security deficiencies. In this way, the necessary measures may be taken and the deficiencies may be corrected.

Technological assistance 24/7

Assistance cover guarantees IT support by means of chats, phone-ins, remote control etc. to cover issues such as: