Image for Cyber Risk Insurance

Cyber Risk Insurance

Cyber Risk Insurance is a specialized type of insurance that helps businesses protect themselves against financial losses due to cyberattacks, data breaches, and other online threats. It typically covers costs related to recovering lost data, legal fees, customer notifications, and business interruptions. As companies increasingly rely on digital systems, this insurance becomes essential for managing the risks associated with cyber incidents. By having cyber risk insurance, businesses can mitigate potential damages and support their recovery efforts, ensuring greater resilience in an increasingly interconnected world.