Cyber insurance generally covers a broad spectrum of digital risks and emergency response expenses. This includes the direct costs of investigating a network breach, restoring corrupted databases, negotiating and satisfying ransomware extortion demands, and compensating the business for lost revenue during operational downtime. Furthermore, policies cover third-party legal liabilities, defense attorney fees, court settlements, and regulatory fines resulting from the unauthorized exposure of confidential customer or employee data stored on corporate networks.
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