Cyber insurance comes into effect following attacks on a company’s data or IT systems (‘data breach’). It not only covers the costs arising from data theft, business interruptions and compensation payable to third parties, but also supports customers in an emergency with a comprehensive range of services: Following a successful attack, the insurer dispatches and pays for IT forensic experts, and arranges for specialist lawyers and crisis communication specialists. In this way, it helps to minimise the damage to the affected company as much as possible.