American International Group (AIG) has introduced CyberEdge business risk and insurance cover in the Middle East to negate the threat of cyber-attack to a company.
AIG MEA Region Professional Indemnity head Juliette Pettit said, "CyberEdge helps protect organisations from the millions in losses that can result from cyber threats."
CyberEdge features Data Crisis Response Team to provide direct assistance to the policyholder from specialist legal experts and public relations advisors in the event of a data crisis, in addition to providing crisis management services.
In addition to enabling AIG to respond swiftly to manage and mitigate a data breach, CyberEdge will serve as an extra layer of defense.
CyberEdge provides personal data liability, corporate data liability, outsourcing and data security.
Additional benefits of CyberEdge include data administrative investigation, data administrative fines, notification and monitoring costs, repair of company or individual’s reputation, electronic Data, wide definition of insured and data crisis response.