• 28.7% of Maltese enterprises reported a cyber incident in 2023 -well above the EU average of 21.5%. (Eurostat, 2024)
• 6 million+ distinct cyber-attacks recorded within Maltese IP ranges August and October 2025 alone -more than one every second. (PwC)
The question is no longer whether your business will face a cyber-attack. It is whether you will be ready when it happens.
Malta ranks among the top three EU countries for the percentage of businesses affected by cyber incidents. Ransomware, data breaches, digital fraud, system shutdowns. These are daily realities for Maltese businesses of every size, in every sector. And the cost of being caught unprepared goes far beyond the immediate financial loss. Downtime, reputational damage, legal exposure, client loss. Repercussions can be severe and long-lasting.
GasanMamo Insurance is responding to this reality with the launch of its Cyber Insurance product, available from 15 April 2026. Designed for the modern Maltese business, it offers comprehensive protection, round-the-clock expert support and a fast, simple application process.
As organisations operate 24/7, so do cyber risks. GasanMamo is always there to provide the continuous protection businesses require," said Leslie Causon (above), General Manager, GasanMamo Insurance.
What the policy covers
GasanMamo's Cyber Insurance is built to protect against the full range of threats businesses face today and the ones emerging tomorrow.
• Data breaches - unauthorised access to customer and business data.
• Ransomware attacks - extortion by criminals who lock your systems and demand payment.
• System interruption - financial and operational losses caused by a cyber-triggered outage.
• Digital fraud - financial loss through cyber-enabled deception.
• Emerging threats - the policy is built to evolve as the threat landscape does.
24/7 local expert support - from the first minute
A cyber-attack does not wait for office hours. Neither does GasanMamo's response. Policyholders have immediate round-the-clock access to a local specialist team providing Incident Response and guidance when you need it most. GasanMamo Insurance have partnered with Cybersift, a leading local service provider to provide 24/7 Incident Response to their clients.
Fast, decisive support that minimises downtime and protects your reputation before, during and after an incident.
Competitive pricing, flexible for every business
High-value cyber protection should not be out of reach for smaller businesses. GasanMamo's Cyber Insurance is priced to be accessible and flexible, with premiums tailored to the size and risk profile of each business.
A straightforward application
Getting covered should not feel like another burden. The GasanMamo Cyber Insurance application is built for clarity and speed. Clear requirements from the start, so businesses can bind cover quickly and get on with running their operations.
"It's not a question of if your business gets hit, but when. That's where we come in," said Chris J. Delicata (above), Senior Manager, GasanMamo Insurance.
About GasanMamo Insurance
GasanMamo Insurance is one of Malta's leading insurance providers, with decades of experience protecting individuals, families and businesses across the island. The launch of Cyber Insurance is part of GasanMamo's efforts to evolve its product offering in line with the real and growing risks facing Maltese businesses today.
Further information www.gasanmamo.com/products/cyber-insurance/
Sources: Eurostat ICT Security Survey 2023: PwC T-Pot honeypot deployment, Maltese IP ranges Aug-Oct 2025. The Business Picture, March 2026
GasanMamo Insurance Ltd is authorised under the Insurance Business Act & regulated by the MFSA