Secure Your Future With Elite Cyber Insurance Options

Types of Cyber Insurance Coverage

When considering cyber insurance, it's important to understand the different types of coverage available. Typically, cyber insurance policies can be broken down into two main categories: first-party and third-party coverage. First-party coverage protects the policyholder's own assets, covering expenses such as data restoration, business interruption, and cyber extortion. On the other hand, third-party coverage addresses claims made against the policyholder by clients or customers affected by a cyber incident, including legal defense costs and settlements.