exali Glossary
Your encyclopedia of technical terms used in the insurance industry
The insurance industry is full of technical terms—from insurance policies and obligations to recourse claims. To help you keep track of everything, the exali glossary explains the main insurance terms in a simple, understandable, and practical way.
In the exali glossary, you will find not only definitions, but also practical examples, legal information, and references to the appropriate insurance coverage. This way, you always know where the risks lie—and how to protect yourself against them.
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Malware
What is Malware?
Malware is the generic term for programs that penetrate third-party IT systems and carry out harmful functions there. Depending on the type of malware, data may be deleted, blocked, modified or copied. Meaning of “malware”: The term “malware” is made up of the words “malicious” and “software” and is more or less self-explanatory.
Examples of malware include: Viruses, keyloggers, trojans, spyware and ransomware.
Insurance Against Cyber Risks
You can protect against malware attacks as part of Professional Indemnity Insurance from exali.com with the First-Party Cyber and Data Risks Insurance (FPC) add-on.
Term: Malware
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