Top

Why doesn’t my cybersecurity insurance cover that?

March 29, 2017

Via: CSO
Category:

Cybersecurity insurance is designed to alleviate losses from various cyber incidents, including data breaches, damage to networks, and any interruptions to business operations.

But while billion-dollar companies are all in desperate need of cybersecurity insurance and can afford to spend millions without thinking twice, cybersecurity insurance only transfers some of the risk of a breach to the insurer. It does not cover lost data, reputation damage or lost business.

Read More on CSO