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Cyber attacks by malware are commonplace today and cause damage in the billions. Mechanical and plant engineering is also increasingly becoming a target for cyber criminals. The insurance solutions available so far only partially cover the needs of the industry. In particular, the rapid development of Industry 4.0 and the associated risks from digitalisation and networking in production are being neglected.
COMPREHENSIVE INSURANCE PROTECTION WITH ALL-RISK COVERAGE
The VDMA Cyber-Police, which was specially developed for mechanical and plant engineering, provides a remedy. In contrast to other standard market conditions, it offers blanket insurance cover for all significant third-party and own damage caused by interventions in the company's IT system. The cover also includes violations of data rights, operating errors, media violations and the violation of the Payment Card Industry data security standards.
Translated with DeepL