IPS identifies and simulates different potential cyber attacks by both insurer (coverage, claim and premium) and account (business segment, security protection, revenue size, geography, number of personal customer/client/patient records and number of employees):
A cyber or hacker attack is an action to target a computer or any digital information system to change, destroy, harm or steal data often causing significant disruption and financial damage. Malware infects a computer and changes how it functions, destroys data, or spies on the user or network traffic. Several of the attacks described below can involve various forms of malware, including MITM attacks, phishing, ransomware, SQL injection, Trojan horses, drive-by attacks, and XSS attacks.
Specific cyber or hacker attacks include the following common types of attacks
Information provided by Fortinebt
Which policy conditions apply:
Insurance companies can apply for an independent IPS Rating
Insurance agent/brokers and insureds can compare different cyber insurance policies
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