Cyber insurance: facts and fiction
Cybersecurity measures are key to any organisation. All companies want and need to limit the menace of hacking. Yet the risk will never be zero. When the worst happens, cyber insurance offers a potential way to mitigate the costs and implications of an attack. But while this sounds straightforward, over the last years insurance policies have become both harder to obtain and more expensive. You also need a clear view of what is and isn’t covered.
24 / 10 / 23
13:30
Virtual meeting
In this session, we’ll first hear from Allianz Trade about the fraud landscape in Belgium and the Netherlands, based on the results of their Fraud Survey 2023. Then, we’ll dive into Beltug’s recent paper ‘Cyber insurance – sense and non-sense’, with insight into how to make sure cyber insurance actually meets your needs.
Beltug’s corporate basic and corporate premium membership allow you to pass on this invitation. We think this session might interest many of your colleagues: the security team, your colleagues from finance, legal, etc.
Agenda
13:30
(in English) Welcome and Introduction
Ann Guinée, Communication Manager, Beltug
13:40
(in English) Insight from the Allianz Trade Fraud Survey 2023
Let’s find out about this survey, which focuses on various forms of fraud, the damage to companies, and measures taken. It offers a picture of both the resilience and vulnerability of the business community in Belgium and the Netherlands, and the current fraud developments. In addition, the survey also provides insight into the insurance needs of companies in terms of fraud.
Henk Deraedt, Director Bank and Special Products Benelux, Allianz Trade
14:10
(in Dutch) Cyber insurance –it’s not ‘one size fits all’
Criminals have moved their battleground to the digital world. Even with plenty of preventive measures, your organisation might well fall victim to a successful cyber attack. To limit the financial impact of such an incident you can consider another instrument for your security toolbox: professional cyber insurance. Based on the paper ‘Cyber insurance – sense and non-sense’ that Beltug published recently, let’s go through the ins and outs and the key takeaways for you to keep in mind, to make sure you get the coverage you want and need.
Danny Vande Putte, member of the Board, Beltug
14:25
Q&A: Your questions, your experience
15:00
Wrap up & end