Cyber insurance protects against online criminal activities

Cyber insurance protects individuals and businesses from losses due to online crimes. It has become increasingly important as cyber attacks grow more frequent and complex. The insurance covers first-party liabilities, such as direct financial losses and recovery costs, as well as third-party liabilities, including legal issues from data breaches and lawsuits. Various insurance companies now offer policies tailored for individuals, families, and businesses to safeguard against cyber threats.