SafePro Cyber Insurance: Protecting Financial Institutions Most Important Assets.

SafePro Cyber Insurance: Protecting Financial Institutions Most Important Assets.

BDI Global BDI Global

BDI Global

Cyber Made Simple

发布日期: 2025年1月22日
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We are pleased to announce our expansion into the financial sector with SafePro for financial institutions. As custodians of individuals and companies’ money and securities, these businesses have always been a major target for cyber adversaries.


“Almost one-fifth of the reported cyber incidents in the past two decades have affected the financial sector, with banks being the most frequent targets followed by insurers and asset managers.”


"Financial firms have reported significant direct losses, totaling almost $12 billion since 2004 and $2.5 billion since 2020."


Updates to federal cybersecurity requirements also place new duties on these businesses to safeguard customer information.


While cyber-related losses for a financial institution may play out the same as other industries, their businesses face many additional risks:

Technology and cybersecurity risks affect the financial institution boardroom as much as they do management. As ransomware attacks grow more frequent and adversaries adopt new attack methods, the C-suite has become deeply involved in incident response planning and vendor risk evaluation. Leaders must make strategic decisions to prepare their workforce against remote and insider threats.

SafePro offers a simplified approach to cyber insurance for financial institutions with revenues under $100 million. Our policy includes both first-party and third-party coverage with all core coverages offered at the aggregate limit. We also include up to $500K of cybercrime coverage for most classes of business to address social engineering, computer fraud and invoice manipulation.




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