DPDPEnforcement rules notified. 12-month compliance windowThreatRansomware activity up 38% YoY across listed mid-marketSEBICSCRF audit cycle deadline narrows for listed entitiesInsuranceCyber capacity softening. renewal terms easing in Q2AdvisoryNew zero-day in widely-used MFA vendor. patch liveRegulatorIncident reporting timelines tightened to 6 hoursBreachListed fintech reports BEC fraud. ₹4.2 Cr in flightClaimsD&O cyber rider claims paid in 14-day median
Claims

Can I get covered if someone tricks my customers, bank, or financial institution into sending money?

Yes, your cyber insurance can help when deceptive communication leads to fraud. It's crucial to inform the insurer as soon as you become aware of such fraud.

  • E-communication fraud

    This covers losses caused by fake emails, messages, or calls. For example, if someone sends a fake payment request to your bank or customers pretending to be you, the insurer will help recover the stolen money.

By reporting the incident promptly, you give your insurer enough time to process your claim and help resolve the issue.

Back to Claims
Book a 30-min discovery call
Talk to Mitigata

If your systems are scaling slower than your ambition, we should probably talk!

30 minutes with our team to map your insurance, security and compliance needs into one plan. No slide deck, no sales pitch.

Mean time to detectacross 800+ clients
4.2Min
Insurance boundtypical broker takes 6 weeks
6Days
Breach responsewar room to containment
60Min
Claims settledin last 24 months
₹500Cr
Mitigata Cyber resilience without running it