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The Union for Private Economic Enterprise as employers’ organization supports and encourages its members, as well as the Bulgarian business to sustain the care in protection of personal and companies’ data through investments and development of the security systems

“Virtual weapons” are gaining more and more power. The latest example is yesterday’s hacker attack on the NRA, which has yet to be analyzed. And if you still don’t realize the seriousness of the problem and the need for protection for your business, here are some statistics from the global, global scale:

  • – Due to the inability of small businesses to allocate the necessary funds and staff, over 50% of cyberattacks are directed against them
  • – Since 2015, more than 4,000 ransomware attacks have been registered every day (viruses encrypting files and demanding ransom to recover them)
  • – The monetary value of data loss is difficult to estimate, but in most cases it is huge
  • – By 2021, cybercrime is expected to cost the global business trillions of dollars
  • – In the last year, 66% of large enterprises have lost some of their data

Based on this global threat, one of the members of the Union for Private Economic Enterprise, Lev Ins Insurance Company AD, is developing a new trend in business – a product related to cybersecurity and protection, a comprehensive approach with unique technologies applied with professionalism.

Taking advantage of this insurance product, businesses will have not only insurance protection, but also additional access to solutions related to detect their vulnerabilities before they become victims of cyberattacks, achieving a higher degree of corporate information protection and awareness of new European regulations.

You will receive help and support with a specific adequate response from your insurer, with Bulgarian experts, Israeli and world experienced specialists.

In addition, businesses will receive help with free information on the most important things from the laws, procedures and European directives that you are obliged to follow, as well as what to do to assess your information vulnerability and assess the extent to which your company is prepared against cyberattacks.

The cybercriminals are becoming more resourceful and motivated, and the incidence of cybercrime is increasing, as are the financial consequences. Today, more and more companies are being attacked and the damage cased is huge. Cybersecurity insurance brings calmness to companies that may be subject to cyberattacks. It can cover costs related to solving the problem and repairing the damage, and sometimes for the business this insurance is the last line of protection against one of the most common business risks.

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Our solution for you

You will obtain help and support with a specific adequate response from your insurer, with Bulgarian and Israeli experienced specialists, following good world practices.

In addition, we will help you with free information on the most important steps required to comply with laws, procedures, European directives, and good practices to assess your cyber resilience, as well as assess the extent to which your company is prepared against future cyberattacks.

Cybersecurity Insurance of Lev Ins Insurance Company is one of the newest products that the company offers and that largely respond to a problem that did not exist a few years ago. As almost all companies, from the smallest to the largest, have relied on digital technology over the past two decades, they have unknowingly become targets of ill-wishers and “cyber terrorists.”

Cybercriminals are becoming more resourceful and motivated, and the incidences of cybercrimes are increasing, as are the financial consequences. Today, more and more companies are being attacked and the damage is huge. Cybersecurity insurance brings extra calmness to companies affected by cyberattacks. It can cover the costs of resolving the problem and recovering from the damage, and sometimes for the business this insurance is the last line of protection against one of the most common business risks.