Why doesn’t my cybersecurity insurance cover that?

Still some risk to customer
01 insurance

Image by kuchingboy

Cybersecurity insurance is designed to alleviate losses from various cyber incidents, including data breaches, damage to networks, and any interruptions to business operations. But while billion-dollar companies are all in desperate need of cybersecurity insurance and can afford to spend millions without thinking twice, cybersecurity insurance only transfers some of the risk of a breach to the insurer. It does not cover lost data, reputation damage or lost business.

To read this article in full or to leave a comment, please click here

Read more: Why doesn’t my cybersecurity insurance cover that?

Story added 16. August 2016, content source with full text you can find at link above.