Cyber Insurance

Safeguard your business against financial and operational losses from cyber threats like data breaches, ransomware, and phishing. Comprehensive coverage ensuring compliance and resilience in India's digital economy.

369M+ Incidents Detected

Over 369 million malware incidents detected in 2024 across 8.4 million endpoints, equating to 702 threats per minute in India's digital landscape.

DPDP Act Compliance

Comprehensive coverage for DPDP Act fines up to ₹250 crore, ensuring regulatory compliance and protecting against legal liabilities.

Market Growth 29.26% CAGR

India's cyber insurance market growing at 29.26% CAGR to reach USD 6.9 billion by 2033, driven by digital transformation.

Cyber Insurance Overview

Cyber insurance safeguards businesses against financial and operational losses from cyber threats like data breaches, ransomware, and phishing. In India's digital economy—projected to hit USD 1 trillion by 2025—over 369 million malware incidents were detected in 2024 across 8.4 million endpoints, equating to 702 threats per minute. Coverage includes first-party costs (e.g., recovery and forensics) and third-party liabilities (e.g., lawsuits and DPDP Act fines up to ₹250 crore), ensuring compliance and resilience in a market growing at 29.26% CAGR to USD 6.9 billion by 2033.

Cyber Threat Landscape

  • 369M+ Incidents: Trojans (43%) and infectors (34%) dominate, with SMEs hit hardest amid 62% cloud-based attacks.
  • Ransomware Surge: Average payout demands reach ₹1.8 crore; insurance sector faced record breaches in FY25.
  • Phishing & AI Threats: 65% rise in credential attacks, fueled by deepfakes and IoT vulnerabilities.
  • Regulatory Pressure: DPDP Act mandates breach notifications within hours, with fines up to ₹250 crore for non-compliance.

Coverage Categories

  • First-Party: Covers data restoration, forensic investigations, and notification expenses post-breach.
  • Third-Party: Handles customer claims, legal defense, and privacy violation liabilities.
  • Business Interruption: Compensates lost revenue during downtime, averaging ₹3.45 lakh per hour.
  • Regulatory Fines: Protects against DPDP Act penalties and IRDAI-mandated cyber audits.

About CyberSecure Insurance

Established in 2022, CyberSecure Insurance leads India's cyber risk management, partnering with IRDAI-regulated giants like ICICI Lombard and HDFC ERGO. We offer AI-enhanced policies for fintech, healthcare, and SMEs, protecting against breaches and ensuring DPDP Act compliance. With 25,000+ clients in the USD 6.9B market, our platform delivers fast claims and 24/7 support to minimize downtime and financial impact.

  • AI-Driven Risk Assessment: Behavior-based threat detection using advanced AI algorithms.
  • 24/7 Incident Response: Round-the-clock support for containment and recovery.
  • DPDP Compliance: Comprehensive coverage including up to ₹250 crore in fines.

Coverage Options

Data Breach Response

Full support for notifications, forensics, and credit monitoring, addressing 27% of common exclusions under DPDP rules.

Ransomware Defense

Negotiation aid, ransom support, and system restoration for threats comprising 81% of claims.

Business Interruption

Revenue protection during outages, covering average ₹3.45 lakh hourly losses.

Key Benefits

  • Risk Mitigation: Transfers up to ₹50 crore in exposure, shielding SMEs from escalating threats.
  • Compliance Support: Aligns with DPDP Act and IRDAI guidelines, avoiding billions in annual fines.
  • Quick Recovery: Reduces downtime by 40% via expert forensics and legal teams.
  • Flexible Plans: Scalable from ₹10,000/year for startups to enterprise-level protection.
  • Reputation Safeguard: Includes PR and crisis management to maintain trust post-incident.
  • Protecting Your Business from Cyber Risks: Cyber insurance protects businesses from financial losses due to Cyber attacks.

Our Process - Step by Step

  1. 1. Risk Assessment: AI evaluation tailors policies to your digital vulnerabilities.
  2. 2. Policy Selection: Choose coverage from ₹1-50 crore, customized for your sector.
  3. 3. Incident Response: 24/7 activation with forensics and containment experts.
  4. 4. Claims Handling: Fast payouts in 7-30 days for recovery expenses.
  5. 5. Post-Recovery: Security audits and training to strengthen defenses.

Advanced Features

First-Party Protection

Comprehensive coverage for direct losses, including data recovery and forensic analysis.

Third-Party Defense

Legal and liability support for customer claims arising from breaches.

Cloud & IoT Coverage

Safeguards cloud services and connected devices against rising vulnerabilities.