March 2021

OYAK Group (Re)Insurance Brokerage and Havelsan have joined forces to combat cyber-risks, which have recently proliferated.

OYAK Group (Re)Insurance Brokerage has signed a collaboration agreement with HAVELSAN, which develops technology in the defense, simulation, informatics, country security and cyber-security sectors, specifically against cyber-risks, which have recently proliferated.
Under the agreement, OYAK Group (Re)Insurance Brokerage and HAVELSAN will provide consultancy services to corporate firms in a jointly-enforced effort against cyber-risks, which have proliferated globally, especially amid the ongoing pandemic. What’s more, OYAK Group (Re)Insurance Brokerage will provide services in insurance processes. The “Cyber-Security Risk Detection Service” and “Advisory Risk Assessment Scoring” performed jointly by OYAK Group (Re)Insurance Brokerage and HAVELSAN to determine corporations’ respective cyber-security levels will strengthen the insurance process.

According to the information provided, corporations can recover and compensate any damages that may arise due to cyber-risks that would otherwise cause unfavorable situations, such as loss or theft of electronic data, ransomware attacks, and loss of clients and revenue.  By insuring against such risks, corporations can safeguard themselves against potential cyber-attacks.

Cyber Insurance Protection Against Cyber-Risks

Based on this collaboration, a full protection against cyber-risks can now be provided to the customers including consultancy services as well as proper Insurance coverage. 

Corporations bear significant responsibility for any damage that may arise if third-party data is stolen. Therefore, both the scope and coverage limits of cyber insurance policies, and their suitability for corporations, should be carefully appraised. It is very important to make an accurate purchase by support of the companies that are experts in the field.

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