Cyber Risk refers to the potential exposure to financial loss, operational disruption, or reputational harm resulting from cyberattacks, data breaches, or failures in information systems. It encompasses a wide range of threats, including hacking, malware, ransomware, phishing, and human error. Key Components of Cyber Risk Managing Cyber Risk Importance of Cyber Risk Management Let me … Read more
Data Breach Insurance is a specialized form of cyber insurance that provides financial and operational support to businesses in the event of a data breach. It helps mitigate the costs associated with the exposure or theft of sensitive data, including personal, financial, or proprietary business information. Key Features of Data Breach Insurance Optional Add-ons Why … Read more
Cybersecurity Coverage refers to the protection provided by cyber insurance policies to mitigate financial losses and liabilities resulting from cyber incidents. This type of coverage typically addresses risks such as data breaches, cyberattacks, and other technology-related threats. Here’s a breakdown of components often included under cybersecurity coverage: Components of Cybersecurity Coverage Optional Add-ons to Cybersecurity … Read more