What is Cyber insurance?
Cyber insurance can help protect your company against the financial impacts of data breaches, ransomware, employees’ malicious acts and other cyber events that may affect your network and systems. A data breach can severely damage reputation and customer confidence, resulting in significant remediation costs, regulatory fines and costly data restoration. For businesses temporarily shut down by a cyber event, lost income and related business interruption costs can quickly escalate.
The cyber risks facing your company are evolving by the day, so you need an insurance solution that can anticipate today's risks and evolve to meet the risks of tomorrow. Tailored, dedicated cyber insurance will help respond to this evolving risk.