Ingosstrakh: Policy of assurance of cyberrisks

Main article: Trends of development of IT in insurance (cyberinsurance and telematic data)

2020: Announcement of the policy of assurance of cyberrisks

On April 20, 2020 the Ingosstrakh company provided a product - the policy of assurance of cyberrisks developed in partnership with Informzashita company.

According to the company, the insurance program provides protection of money, electronic data and IT infrastructure as from external influences – the computer attacks, viruses, actions of swindlers, and from unforeseen technology failures. Diagnostics of an information system and minimization of effects within the insurance program is performed by experts of Informzashita company.

The insurance program gives the updated tools to IZ service: SOC which is created for the purpose of carrying out permanent monitoring of suspicious activity in IT infrastructure of the organization and on its perimeter. In particular, IZ: SOC provides: collecting and storage of events of information security, the automated analysis of an event stream, manual processing of incidents a team of analysts taking into account features of infrastructure, the notification about incidents on the selected communication channels and submission of recommendations about reaction, the automated regular analysis of security and also the analytical reporting.

Thus, the policy of assurance allows not only to cover a broad spectrum of the losses arising in case of violation of information security but also to prevent emergence of threat by continuous control and comparison of the events which are taking place in an information system.

For April, 2020 time of cyberthreat is mentioned by huge number of the organizations and individuals. And further the situation will become complicated, technologies are more and more integrated into all processes of life. The number of cybercrimes and in Russia grows in the world, and the size of losses exceeds hundreds of millions dollars. At the same time the market lacks adequate instruments of protection which would operate not only "post factum", but also preventively. Synergy of experience of Ingosstrakh in insurance case and examinations of Informzashita in development of protective tools provided creation, the product which does not have analogs in the Russian insurance market on cyberinsurance. Anton Kaziyev, the head of department of insurance of bank and information risks of Ingosstrakh told

The question of responsibility was a corner question which clients always asked product providers and services on information security. Any residual risk as a result should be processed, and measures for its compensation are taken. Earlier similar issues were usually resolved within penalties for violation of SLA, and, respectively, compensations could not cover real losses. With the advent of a product on cyberinsurance we at last can provide real security blanket of our clients, at the expense of a combination of significant decrease by our services of risks of cyberthreats and insurance of residual level of risks. Ivan Melekhin, the development director of Security Operarion Center of Informzashita company told

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