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With an increasing number of countries encouraging citizens to stay, learn or work from home, the time is right to focus on cyber security and Cyber Security Insurance.
A Cyber Insurance policy covers the liability and costs incurred in the handling of a cyber-attack or breach, restoration costs for lost data resulting from a Cyber breach or any form of data breaches.
This special kind of policy is especially suited for businesses who handle sensitive data involving customer information, such as Taxpayer Registration Numbers, Credit Card Numbers, Account numbers, Driver’s license numbers and health records.
It is wise for every business to get Proper Cyber Security Insurance coverage to protect your customer base.
While you explore policy options, here are some key tips to provide some basic safeguards for your information:
Check your software and systems
If you do experience a Cyber breach, a solid Cyber Insurance policy will protect you from any loss sustained and any data regeneration costs.