The modern business world is now heavily reliant on IT systems and infrastructure to support its business critical activities. Businesses also operate in a connected world where they and their employees make use of email, social networking and cloud computing. All this leads to additional risks to the business, some of which is not customarily covered by existing insurance arrangements.
This course follows on from our introductory course and looks, in greater detail, at the extent of cover provided by conventional insurance policies against cyber risks as well as the conditions and exclusions of specialist cyber risks insurance policies. The course also looks at the different cover options available, how they apply to different clients, the key risk management issues and claims matters
What you will learn
At the end of this course you will be able to:
- Understand the main cyber risks and which types of customer could benefit from insurance against cyber risks
- Understand impact of cloud computing on cyber risks
- Understand the extent of cover provided by conventional insurance policies against cyber risks
- Understand the policy cover, conditions and exclusions of specialist cyber risks insurance policies in the UK and when separate policies are appropriate
- Be aware of the different cover options available in the cyber policy market and how they apply to different clients
- Know of the key risk management issues
- Understand how cyber risk insurance claims arise and the issues of dealing with these claims.