
Cyber Insurance: A Lifeline For Ransomware Attack Recovery
Cyberattacks are no longer a concern reserved for large corporations. Small and medium-sized businesses (SMBs), and even individuals, are increasingly vulnerable. One successful breach can cripple operations, devastate finances, and irreparably damage reputations. In this evolving digital landscape, cybersecurity measures are crucial, but they are not always enough. That's where cyber insurance steps in, providing a safety net to help organizations recover from the financial fallout of a cyber incident.
Understanding Cyber Insurance
What is Cyber Insurance?
Cyber insurance, also known as cybersecurity insurance or cyber risk insurance, is a specialized insurance policy designed to help businesses and individuals mitigate the financial risks associated with cyberattacks and data breaches. I...