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Understanding Cyber Insurance: A Shield Against Digital Threats

In today's digital age, cyber insurance has become a critical component for businesses of all sizes. As cyber threats become more sophisticated, the potential financial and reputational damage can be catastrophic. Cyber insurance provides a safety net, covering costs associated with data breaches, cyber-attacks, and other digital threats. This type of insurance not only helps mitigate financial losses but also supports businesses in managing the aftermath of a cyber incident, including legal fees, notification costs, and public relations efforts.