Digital protection insurance against cyber fraud
Cyber fraud insurance backs your company against electronic fraud, cyberattacks and data loss, depending on the policy.
Companies compared: digital protection insurance
Included in the base planOptional or partialNot available
| Coverage | ★ Recommended | ★ Recommended | ||||
|---|---|---|---|---|---|---|
| Incident response and recovery | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Data loss and restoration | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Electronic fraud | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Liability for data leaks | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Business interruption | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
For guidance only: coverage is governed by each policy’s terms.
What does it cover?
- Incident response and recovery
- Data loss and restoration
- Electronic fraud
- Liability for data leaks
- Business interruption
Digital protection insurance: frequently asked questions
What does digital protection insurance cover?
Depending on the policy, it can cover incident response, data restoration, losses from electronic fraud, liability for data leaks and business interruption. Each insurer defines limits and exclusions.
Does it cover hacking and online fraud?
Depending on the policy, yes: it can cover losses from electronic fraud and the costs of responding to a hack. Check with us which types it covers, such as impersonation or phishing, and which it excludes.
How much is cyber fraud insurance for a business?
It depends on your activity, revenue, the type and volume of data you handle, your security controls and the insured amount. We compare SURA, Bolívar, Allianz, AXA Colpatria, Zurich and Chubb for free.
How do I get digital protection insurance?
Tell us what your company does, how it makes and receives payments and what digital information it handles. The insurer may ask for a security questionnaire. From Medellín, we help you fill it out and compare options.
What should I do if my company suffers electronic fraud?
Notify your insurer as soon as possible: the Commercial Code (art. 1075) sets three days from when you learn or should have learned of the loss, and the policy may extend it. Keep the evidence, report it to the authorities and call us.
Interested in digital protection insurance?
Get a digital protection insurance quoteCoverage, premiums, deductibles and conditions depend on each insurer’s review and underwriting rules. This information is for guidance only and does not replace the policy terms.
