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Real incidents reported across Estonia, Latvia and Lithuania — the exact risks Primend Cyber Insurance, delivered with Compensa, is built to cover.
RIA reports that people and organisations in Estonia lost roughly €29 million to fraud in 2025. While individuals are targeted most often, business-related fraud drives the largest financial losses.
Finance Latvia Association reports that customers of the country's four largest banks lost more than €7.8 million to fraud in the first eight months of 2025 — telephone scams and investment fraud led the losses.
EPPO uncovered a network of more than 30 companies suspected of fraudulently obtaining nearly €6 million in EU funding through fictitious transactions and manipulated documentation.
Financial amounts and dates are based on reported figures from official law-enforcement releases and local media across Estonia, Latvia and Lithuania.
Information systems breaches
We will reimburse costs so that your company can clean its computer system after a cyberattack and cover the repair and restoration of the computer system.
Payment data theft
We will cover costs related to cybercriminals breaking into a computer and gaining access to customers' settlement accounts, payment cards.
Losses caused to third parties
We will reimburse third parties for property damage, loss of profit, and non-material damage caused by the occurrence of an insured risk.
The insurance service provider is ADB Compensa Vienna Insurance Group, registration number 40103942087, Vienības gatve 87h, Riga, Latvia.
From risk analysis and audits to employee awareness, technical safeguards and cyber insurance — Primend helps businesses strengthen resilience across the Baltics with one trusted partner.
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Coverage limits, deductibles and claim payment terms are defined in the insurance policy and applicable terms and conditions. The territorial scope of coverage is specified in the policy.
Browse key documents, product information and customer procedures related to Cyber Fraud Insurance.
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