Latest stories

  • cyber insurance

    GeekyGeeky

    in

    The Most Popular Insurance Options for Data-Heavy Companies

    TL;DR: Data-heavy companies face increased risks from cyber threats and data breaches. This article discusses essential insurance options for such businesses:

    1. Cyber Liability Insurance: Protects against cyber-related losses.
    2. Tech E&O Insurance: Safeguards against tech-related claims.
    3. Data Breach Response Coverage: Covers costs after data breaches.
    4. Media Liability Insurance: Addresses media-related claims.
    5. Business Interruption Insurance: Helps during cyber incidents.
    6. Ransomware and Extortion Coverage: Covers ransomware costs.
    7. Electronic Theft Coverage: Protects against electronic theft.
    8. Data Recovery Coverage: Restores lost data and systems.

    Insurance is vital for data-heavy firms in the digital age to mitigate risks. More