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What does a cyber insurance policy cover?

Tuesday, August 7, 2018, 2:58 PM

Cyber insurance covers third-party-liability for data breach involving personal data or corporate data. It pays the costs of dealing with administrative investigations and includes cover for fines imposed by data protection regulators to the extent such fines are insurable under law. Cyber-Insurance also pays for services of experts to protect reputation. Costs and expenses of dealing with cyber extortion are also covered under cyber-insurance.
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Everything You Need to Know About Cyber Insurance

Tuesday, July 24, 2018, 12:29 PM

Cyber insurance, an insurance product protects individuals and businesses from Internet-based risks and in general from risks associated with information technology infrastructure or activities. In general such a policy extends coverage for losses that include data destruction, theft, hacking, extortion in addition to some other advantages that include security-audit, criminal reward fund and expenses incurred towards post-incident public relations or investigations.

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