Examples of cyber fraud and data theft include:

  • A cyber-attack installs a virus on your computers and renders them unusable
  • A phishing email tricks users into betraying confidential passwords, which are then used to commit fraudulent acts on the victim’s IT system

In the last 24 months, 52% of Belgian businesses were the victims of cyber-attacks. Technological advances, the increasing amount of data requiring protection and the sharp rise in social media use are making businesses more vulnerable to cybercrime. 

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Your business could be hit by fraud. External fraud involves the theft of money or stock by persons outside the business. Internal fraud is fraud perpetrated by your staff. Cyber fraud can be either internal or external. Your policy covers you against internal, external and cyber fraud. Subscribing to a fraud insurance limits your exposure to direct and indirect financial losses. If you are victim of fraud, our team of specialists will take charge of the situation and provide you with bespoke assistance.