Cyber Insurance: Understanding Its Importance for Your Business
In the digital age, businesses are increasingly reliant on technology. While this brings numerous benefits, it also opens up a new range of vulnerabilities. One such vulnerability is the risk of cyber threats. This is where cyber insurance comes into play. What is Cyber Insurance? Cyber insurance, also known as cyber risk insurance or cyber liability insurance coverage (CLIC), is designed to help an organization mitigate risk exposure by offsetting costs involved with recovery after a cyber-related security breach or similar event. With online [...]
