CYBER INSURANCE

Insurance is of a crucial importance for financial sector, and market participants, entrepreneurs, and specifically legal persons, which are, as entities of significantly larger economic capacities, especially interested in alleviating, i.e. leveling out the risks of everyday business with such mechanism that insurance offers. In the era where technology takes the essential part of individual and business life, cyber insurance becomes one of the crucial types of insurance for material security of various subjects, starting from individuals, legal entities of bigger economic capacities, and at the end even countries. Computers, internet and technological advancement in general, are heralds of global digitalization of society as a whole, which as its consequence has the advent of one new contemporary type of risk, cyber risk.