Cyber Insurance
Cyber insurance protects a company against damages caused by cybersecurity threats, such as data breaches, hacks, DDoS, malware, and ransomware. Cyber insurance is called cyber risk insurance, cyber liability insurance, or cybersecurity insurance.
This type of insurance typically covers your business’s liability for a data breach involving sensitive customer information, which could include Social Security numbers, credit card numbers, account numbers, driver’s license numbers, health records, and more.