Cyber insurance protects you from losses due to online threats like hacking, data theft, identity fraud, or scams. As more people use the internet for banking, shopping, and working, the risk of cybercrime is growing.
Cyber insurance helps in:
- Recovering stolen funds
- Repairing data loss
- Dealing with identity theft
- Paying legal or technical support fees
Businesses can also buy cyber insurance to protect customer data and avoid losses from hacking attacks.
This insurance is helpful for individuals, online businesses, freelancers, and companies. With cybercrime increasing every year, cyber insurance is becoming more important than ever.