Cyber Insurance

See: Information Security Audit, Insurance, Risk, Information Technology, Commercial General Liability Insurance, Denial of Service Attacks.

References

(Wikipedia, 2024) ⇒ https://en.wikipedia.org/wiki/cyber_insurance Retrieved:2024-9-5.
- Cyber-insurance is a specialty insurance product intended to protect businesses from Internet-based risks, and more generally from risks relating to information technology infrastructure and activities. Risks of this nature are typically excluded from traditional commercial general liability policies or at least are not specifically defined in traditional insurance products. Coverage provided by cyber-insurance policies may include first and third parties coverage against losses such as data destruction, extortion, theft, hacking, and denial of service attacks; liability coverage indemnifying companies for losses to others caused, for example, by errors and omissions, failure to safeguard data, or defamation; and other benefits including regular security-audit, post-incident public relations and investigative expenses, and criminal reward funds.