Insurance policies designed to cover financial losses from cyber incidents such as data breaches, ransomware attacks, and business interruption. Policies typically require minimum security controls as prerequisites for coverage.
Related Terms
Data Breach
data-protectionAn incident where sensitive, protected, or confidential data is accessed, disclosed, or stolen by unauthorized individua...
Ransomware
malwareMalware that encrypts victim files or locks systems and demands a ransom payment for decryption. Modern ransomware group...
Risk Assessment
complianceThe systematic process of identifying, analyzing, and evaluating security risks to an organization's assets. Risk assess...