Definition: Cyber insurance can also be called cybersecurity insurance. This insurance policy helps different businesses to cover the risks of cybercrime activities. The most common cybercrime activities are cyber attacks and data breaches. It usually protects the organization from the cost of information governance or internet-based threats and so on, these are mostly not covered in the different commercial liability policies.
Generally, we can say that cyber insurance is designed to protect companies from some of the major primary risks like Network security and privacy liability, Network business encryptions, Media Liability, and Errors […]
