Cyber Insurance
Cyber Insurance is an insurance policy that’s intent is to cover the loss a company experiences due to a privacy or a network security breach. Unlike many other types of insurance, a cyber insurance policy typically includes cover for both first- and third-party risks. Due to cyber being a relatively new coverage however, there is very little consistency in the insurance market as to what is covered by a cyber policy. Coverage, definitions and terminology vary from insurance company to insurance company. This is one of the challenges of today’s cyber market.
Additional information: What is cyber insurance?
Related terms: cloud computing, drive-by download.
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