CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who launched a cyber defence insurance to protect businesses from financial and reputational losses due to cyber attacks?
A
Royal Sundaram General Insurance
B
SBI General Insurance
C
TATA AIG
D
ICICI Lombard
Explanation: 

Detailed explanation-1: -SBI General Insurance has launched the Cyber VaultEdge insurance plan, a comprehensive cyber insurance cover for individuals that provides protection against financial losses arising from cyber risks and attacks, said the firm in its statement.

Detailed explanation-2: -Answers. HDFC ERGO General Insurance Company announced the launch of ‘ESecure’, a Cyber Insurance Policy for individuals.

Detailed explanation-3: -Cyber insurance is one option that can help protect your business against losses resulting from a cyber attack.

Detailed explanation-4: -Cyber insurance generally covers your business’ liability for a data breach involving sensitive customer information, such as Social Security numbers, credit card numbers, account numbers, driver’s license numbers and health records.

Detailed explanation-5: -Cyber defense is a coordinated act of resistance that guards information, systems, and networks from cyber attacks by implementing protective procedures such as firewalls, network detection and response (NDR), endpoint detection and response (EDR) to identify, analyze, and report incidents that occur within a network.

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