Key Areas of Cyber Insurance Coverage

Data Breach Response Costs: 

Covers customer notifications, credit monitoring, legal fees, and penalties under India's Information Technology Act.

Cyber Fraud Insurance:

Protects against losses from phishing, wire fraud, and insider threats.

Business Interruption: 

Compensates for financial losses due to downtime from cyber attacks.

Ransomware Attack Payments:

Covers ransom payments, negotiation costs, and system restoration expenses.

Legal and Regulatory Expenses:

 Covers legal defense, settlements, and regulatory penalties following a data breach.