Definition
Cyber Insurance is a specialized insurance product that provides financial protection against losses resulting from cyber incidents such as data breaches, ransomware attacks, business interruption, and regulatory penalties.
Frequently Asked Questions
Related Terms
Risk Management
Risk Management is the ongoing process of identifying, assessing, prioritizing, and mitigating cybersecurity risks to reduce their potential impact on an organization's operations, assets, and reputation.
Incident Response
Incident response is the organized approach to addressing and managing the aftermath of a security breach or cyberattack. The goal is to handle the situation in a way that limits damage, reduces recovery time and costs, and prevents future incidents.
Business Continuity
Business continuity is an organization's ability to maintain essential functions during and after a disaster or disruptive event. In cybersecurity, it encompasses planning, policies, and procedures that ensure critical systems and data remain available during security incidents.
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