Why Cyber Insurance is Vital for Businesses ?

Protection Against Data Breaches:

Covers financial losses from legal fees, penalties, and customer compensation.

Safeguards Against Financial Fraud: 

Mitigates losses from cybercriminal activities like fraudulent transactions.

Reputation Management:

Helps rebuild trust and manage fallout after a breach.

Business Continuity: 

Covers revenue loss and operational disruptions from attacks like ransomware.