Description

Cyber Insurance, also known as Cyber Liability insurance, is a type of coverage designed to protect businesses from financial losses and liabilities arising from cyberattacks, data breaches and other cyber incidents. This insurance helps cover the costs associated with responding to and recovering from these incidents, including legal fees, notification expenses, data recovery, public relations efforts and potential liability claims from affected parties. As businesses increasingly rely on digital technology and handle sensitive data, Cyber Insurance has become essential to manage the risks associated with cyber threats.