Find the definition of the most commonly used cyber security terms in our glossary below.

What is Cyber Insurance in cyber security?

Insurance coverage for losses related to cyber incidents.

Cyber insurance provides coverage for financial losses resulting from cyber incidents, such as data breaches, ransomware attacks, and other cyber threats. This type of insurance helps organizations mitigate the financial impact of cyber attacks by covering costs related to incident response, legal fees, notification expenses, and business interruption. Cyber insurance policies vary, but they typically include coverage for both first-party losses (direct costs to the insured) and third-party liabilities (claims made by others affected by the incident).