Navigating Cyber Insurance: Coverage, Costs, and What’s Driving Premiums Up
Cyber insurance helps organizations cover the financial fallout from data breaches, ransomware, and other cyberattacks. A typical policy can pay for breach response (forensics, customer notifications, credit-monitoring), legal fees and fines, PR work, business-interruption losses, extortion or ransom payments, and liability claims (network security, privacy, multimedia, and social-engineering fraud). Policies often include 24/7 access to incident-response experts—lawyers, forensics teams, and…
