CFC revamps cyber coverage

Specialist lines underwriting agency, CFC, has significantly enhanced its market leading cyber policy, CPM. Based on over 13 years experience of insuring against cyber risks, the revamped policy includes crucial new coverage that truly reflects the changing landscape of cyber risk faced by companies in Canada.

Unlike many policies that are simply a carbon copy of those sold in the US and focused on privacy and data breach notification, CPM takes a bold step in embracing and tackling head on the issue of cyber crime faced by companies operating across different territories around the world including the “new” crimes of phishing scams, telephone hacking, identity theft, wire fraud and cyber extortion.