Allianz Ghana has rolled out two products aimed at meeting the ever changing needs of its clients in Ghana.
The two products are Allianz Cyber Protect and Director and Officers Liability. The Allianz Cyber Security seeks to protect firms against the huge cost incurred in the event of cyber fraud.
From an estimated amount of about $300 to $500 billion lost to cyber criminals in 2014, the figure is estimated to hit two trillion dollars in 2019.
Statistics also reveal there were 117,309 attacks daily in 2014 as compared to 1.5 million daily recently.
Speaking to Starr Business on the sidelines of a seminar in Accra, Deputy Managing Director of Allianz Ghana Martin Amoah said the introduction of the two products, especially the Allianz Cyber Protect is to help protect the increasing rate of cyber fraud in Ghana.
According to him, as more companies list on the Stock Exchange, the Directors and Officers must protect their shareholders as omissions can lead to severe losses of shareholders.
The day’s seminar brought together technology expert to advise IT managers, Heads of Legal and Industry practitioners on how to address the cyber risk on an enterprise wide basis.
Source: Ghana/Starrfmonline.com/103.5FM/Fred Dzakpata