Category: Top Cyber Security Guides / What Is Cyber Insurance and How to Find a Good Company


What is Cyber Insurance and How to Find a Good Company

It's Not Instead Of...

Cyber Insurance is the last resort if all your other defenses fail you.
 

What Will They Pay For?

The provider will pay for data breach recovery including business interruption costs, data loss, your reputation, and much more.
 

Anything Else?

A good provider will include pre and post breach services like risk assessments, penetration testing, monitoring, employee security awareness training, forensic services following a breach, and much more.
 

So How Do You Find a Good Insurance Company?

  • Look at how many claims they have paid out.
  • Talk to friends and colleagues and find a broker.
  • Review their before and after breach services.
  • The details of the coverage and policy should be easy to read.
  • Cyber Insurance should always be purchased as a standalone service and within your own country.