What is cyber insurance?

Cyber insurance is insurance that companies can purchase to protect themselves from losses resulting from a cyber attack. The coverage can include losses resulting from the breach of data, such as credit card numbers or personal information, as well as the costs associated with repairing or rebuilding their systems after an attack.

Cyber attacks are a growing threat, and many companies are now choosing to purchase cyber insurance in order to protect themselves. The price of coverage varies depending on the size and complexity of the company, but it is becoming increasingly more common for businesses of all sizes to have some form of cyber insurance.