Optiv Cybersecurity Dictionary

What is Cyber Insurance?

Cyber insurance offers protection in the event an organization is victimized by a cyberattack. Coverage might include stolen information, liability and recovery costs and expenses generally involve crisis services, legal defense/settlement and regulatory defense and action. Businesses that handle personally identifiable information (PII) (such as names, addresses, medical records, credit card information, Social Security numbers, etc.) should consider carrying cyber insurance.

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