Cyber Risk

Cyber Liability Insurance Solutions

Cyber risk insurance

BECOME CYBER RESILIENT

In an increasingly connected world, the vulnerability of businesses to cyber risks has never been greater. Since these risks are a growing threat to businesses of all sizes, the importance of protecting themselves from these cyber threats has become paramount to the sustainability of their activities. Cyber attacks can have devastating consequences, ranging from the loss of sensitive data to costly business interruptions.

At BFL CANADA, we understand the importance of protecting your business against these risks. Our cyber liability insurance offering is designed to provide comprehensive coverage tailored to your specific needs. With our expertise and personalized support, we can help you strengthen your IT security and minimize the financial and operational impact of a cyber attack.

SEE THE BLIND SIDES OF YOUR RISKS FROM EVERY ANGLE

CYBEREXTORTION
EMAIL AND INTERNET FRAUD
IDENTITY FRAUD
SALE OF STOLEN CORPORATE DATA
CORPORATE DATA THEFT
FINANCIAL PAYMENT DATA THEFT

LET'S BUILD A CUSTOM INSURANCE SOLUTION

In order to help our clients understand, improve, quantify, and transfer their cyber risks, at BFL CANADA, we partner with an array of highly skilled cyber risk professionals who can offer risk assessments and recommendations on how to mitigate your cyber exposure. Our team of cyber specialists offer a range of solutions to help lower your vulnerability and financial consequences from a cyber event systèmes in order to optimize your risk transfer through insurance.

PRE-BREACH MITIGATION SERVICES
PRE-BREACH MITIGATION SERVICES
  • Privacy Compliance Notification Acts applicable to Canada;
  • A template Breach Incident response plan;
  • E-learning programs for employee awareness training:
    • Access to risk engineers specializing in cyber risk.

 

THIRD PARTY COVERAGE (LIABILITY INSURANCE)
THIRD PARTY COVERAGE (LIABILITY INSURANCE)
  • Privacy and security liability;
  • Media liability;
  • Regulatory proceedings;
  • Payment card industry (PCI) demand.

 

FIRST PARTY RISK COVERAGE
FIRST PARTY RISK COVERAGE
  • Breach cost;
  • Business income loss;
  • System failure business income loss;
  • System failure dependent business income loss;
  • Reputational harm from adverse media;
  • Digital asset replacement expense;
  • Cyber extortion;
  • Reward payments.
SOCIAL ENGINEERING FRAUD
SOCIAL ENGINEERING FRAUD
  • Funds Transfer held in Trust and Personal Funds;
  • Impersonation Fraud;
  • Phishing.
CLAIM AVOIDANCE COSTS
CLAIM AVOIDANCE COSTS

Fees, expenses and costs incurred to avoid a claim or to mitigate anticipated loss.

CRISIS MANAGEMENT SERVICES
CRISIS MANAGEMENT SERVICES
  • Forensic investigation;
  • Data restoration;
  • Legal representation (breach coach);
  • Credit monitoring;
  • 3rd party notification and call centre;
  • Public relations.

YOUR TEAM OF LOCAL ADVISORS

THE BFL CANADA ADVANTAGE

BFL CANADA has achieved extraordinary growth because of our consistent ability to perform and deliver due to our expertise, professionalism and dedication, as well as our entrepreneurial culture. This culture and work ethic have driven our growth and attracted organizations with which we have established meaningful and mutually beneficial partnerships.

Learn why

Make a difference today, start planning for tomorrow.

Book your preliminary risk assessment with a BFL CANADA advisor.
CALL YOUR LOCAL BFL CANADA OFFICE
WRITE TO YOUR LOCAL BFL CANADA OFFICE