Cyber Attack Protection with Simas Cyber Enterprise Insurance
Morrissey Technology – In today’s digital era, data is the most valuable asset for companies. We have learned enough from cases of data breaches, ransomware and other cyber attacks that have occurred recently. Without safe and protected data, company operations can be significantly disrupted. This not only has the potential to reduce revenue, but also directly harm customers.
In addition, the company’s reputation that has been built with great difficulty can be tarnished due to cyber attacks. Therefore, it is very important for companies to have a strict cybersecurity system.
In addition, the existence of regulations in Law Number 27 of 2022 concerning Personal Data Protection which requires companies to ensure data security and protection as well as the threat of sanctions in the form of administrative fines of up to 2% of annual revenue, further emphasizes the importance of strengthening company cyber security.
Cyber-security is like a fence that protects a house from thieves. However, even if you have installed a high fence, there is no guarantee that thieves cannot enter. Hackers could find loopholes and break into the system. Therefore, additional safety nets are needed to anticipate undesirable events.
PT Asuransi Sinar Mas understands that cyber crime will pose a risk of harming various business institutions in Indonesia. To anticipate this, Sinar Mas Insurance has prepared a liability insurance product, namely Simas Cyber Enterprise FOR4D.
“Currently we see that cyber security has become the biggest challenge in the digital era. Protection of customer data is crucial. For this reason, Asuransi Sinar Mas has prepared Simas Cyber Enterprise as protection in facing this risk,” said Director and Corporate Secretary of PT Asuransi Sinar Mas Dumasi M M Samosir, in a written statement, Tuesday (2/7/2024)
“We hope that by using this product, business sectors in Indonesia will get protection against cyber attacks in doing business,” he continued.
Simas Cyber Enterprise provides guarantees for the costs of restoring electronic data affected by cyber attacks, business interruption compensation, Forensic IT services for investigating cyber attacks, threats of extortion by hackers to pay a sum of money to end a cyber attack and other guarantees.
“One of the advantages of our Simas Cyber Enterprise is the fast acceptance process and effective claim settlement process,” explained Dumasi.
Simas Cyber Enterprise can be used for protection for companies that have concerns about the data security of companies that manage customer personal data or store valuable digital assets on a large scale, such as financial institutions, banks, marketplaces and hospitals. Apart from corporations, Sinar Mas Insurance is also developing Cyber Insurance products to be marketed to the individual segment.
Sinar Mas Insurance also provides a Simas Cyber Enterprise FOR4D product consultation service which can be accessed via the following link. Apart from that, Sinar Mas Insurance is also committed to providing education so that the public has an understanding of information technology system security, cyber attacks and what can be done to minimize risks. Education will be carried out through social media and the website www.sinarmas.co.id.