How Cyber Insurance Protects Businesses During a Data Breach

Financial Compensation:

Covers costs like forensic investigations, customer notifications, credit monitoring, and legal defense to prevent financial ruin.

Regulatory Compliance:

Ensures adherence to evolving data protection laws, like India’s PDP Bill, and shields against penalties.

Expert Assistance:

Access to IT consultants, lawyers, and PR professionals to manage the breach effectively.

Crisis Management:

Supports PR efforts to safeguard the company’s reputation and minimize long-term consequences.

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