risk management

Q: What are the most important cyber insurance policy coverages for businesses? Notification and expense coverageAfter customer data is compromised, there are state-regulated notification requirements an organization must follow. Cyber insurance companies help navigate and handle the notifications and expenses associated with them such as hiring a forensics expert to identify the cause of the breach, monitoring the affected individuals’ credit score, and paying costs to restore stolen identities. Business interruptionRemember when Kaseya, a US…