As IT becomes more advanced the IoT becomes a reality, cyber risks increase year by year.
To cope with the greater number of cyber risks involved as cyber-attacks evolve and become more sophisticated, Toyota Tsusho Insurance Management prepares ways for companies to visualize their risks and insure against it to compensate for any loss.
In addition to arranging insurance, we also offer a full range of services from pre-incident strategies such as response training for targeted email attacks, risk diagnosis and the formulation of crisis management plans to post-incident measures such as responding to lawsuits and preventing recurrence.
We design the most suitable insurance products to match our clients’ requirements and can transfer insurance for all kinds of risks including liability risk, business interruption risk and cost damage risk.
In addition to designing insurance products, we can also provide an advisory service when selecting cyber insurance and offer consulting services such as risk assessment and analysis, and loss control.
Responding to cyber attacks costs companies a lot of money.
|Victims of leaks||5,198,142|
|Total amount of damages (estimated)||191,427.42 million JPY|
|Number of victims per incident||14,894|
of damages per incident (estimated)
|548.5 million JPY|
Source：NPO Corporation Japan Network Security Association
（2017 Investigation into Information Security Incidents - Personal Information Leak Edition）
|Forensic costs||Around 19 million JPY|
|Victim notification expenses||Around 18 million JPY|
|Establishing a call center・
|Around 30 million JPY|
|Monitoring costs||Around 11 million JPY|
|Total costs||Around 78 million JPY|
Source：2016 Investigative Report, NetDiligence
（Extract from the average itemized costs of data leaks at global companies in USA. Exchange rate: USD $1 = JPY ¥105）