Cyber Insurance
Cyber insurance is a type of insurance that provides coverage against losses or damages resulting from cyber attacks, data breaches, or other cyber-related incidents. It is designed to help individuals, businesses, or organizations mitigate the financial impact of cyber risks and protect their sensitive information. Cyber insurance policies typically cover expenses related to data recovery, legal fees, public relations efforts, and financial compensation for third parties affected by the breach. Additionally, some policies may offer services such as risk assessment, incident response planning, and cybersecurity training. As the threat landscape continues to evolve and cyber attacks become more sophisticated, having cyber insurance can be crucial in safeguarding against potential financial losses and reputational damage.