Cyber insurance is a type of insurance policy that businesses can purchase to financially protect themselves from the potential damages that a cyber attack could cause. Damage from a cyber attack can include financial losses, stolen data, and damage to a company’s reputation. — Cyber insurance policies can also help businesses cover the costs of responding to and recovering from a cyberattack, including hiring forensic experts to investigate the attack and paying for credit monitoring services for affected customers. Some policies even provide coverage for business interruption losses, which can occur when a company…