Mumbai, April 20:슬롯 머신 사이트 추천Cyberattacks have become슬롯 머신 사이트 추천sophisticated and hard to escape. The surge in슬롯 머신 사이트 추천data breaches has caused슬롯 머신 사이트 추천companies to lose슬롯 머신 사이트 추천valuable client information and suffer financial losses. Cyber insurance helps businesses reduce the risk슬롯 머신 사이트 추천and financial losses resulting from cyberattacks, data breaches and other cyber incidents.슬롯 머신 사이트 추천

Cyber Insurance is a specially designed insurance product that helps businesses슬롯 머신 사이트 추천mitigate the risks when they are attacked by cybercriminals.슬롯 머신 사이트 추천It becomes useful after a data breach or a cyberattack as it helps슬롯 머신 사이트 추천online businesses protect against financial losses affecting슬롯 머신 사이트 추천governance, IT infrastructure, information policy, and more.슬롯 머신 사이트 추천Traditional insurance products do not cover these risks.슬롯 머신 사이트 추천Online Booking Scams in India: Centre Warns Public About Fake Pilgrim and Tourist Portals Using Deceptive Websites, Social Media Pages and Paid Ads.

What Is Cyber Insurance? Why Is It Important for Businesses Against Financial Losses?

Cyber Insurance is also known슬롯 머신 사이트 추천as슬롯 머신 사이트 추천cybersecurity insurance or cyber liability insurance.슬롯 머신 사이트 추천It is a contract purchased by any business to protect itself against future cyberattacks or data breaches that could lead to financial losses. Cyber insurance슬롯 머신 사이트 추천is important because the frequency and intensity of the hackers to breach data and attack systems have become sophisticated. 슬롯 머신 사이트 추천Cyber criminals access the system and steal data without the knowledge of individuals and companies.

Cyber risks are dynamic, and therefore, the options offered in cybersecurity policies change over time. Policymakers have limited time to formulate risk models to슬롯 머신 사이트 추천come up with insurance policy coverages, premiums, and rates for a business.슬롯 머신 사이트 추천Taking cybersecurity insurance helps the company repair슬롯 머신 사이트 추천its damaged system, bear legal costs, and also cover data recovery.슬롯 머신 사이트 추천iPhone 16e Becomes Best-Selling Apple Smartphone Despite Criticism Over Design and Price: Report,

Cyber Insurance Causes Ransomware Demand to Increase?

According to a슬롯 머신 사이트 추천 by슬롯 머신 사이트 추천Tech Radar, ransomware operators would demand more if they슬롯 머신 사이트 추천detected cybersecurity insurance.슬롯 머신 사이트 추천The report said슬롯 머신 사이트 추천new research by Dutch police offer Tom Meurs while working on PhD thesis revealed this new fact.슬롯 머신 사이트 추천Tom Meurs reportedly studied 453 ransomware attacks from 2019-2021 and discovered that슬롯 머신 사이트 추천ransom demand was슬롯 머신 사이트 추천increased by 2.8x factor if the cyber criminals found that the victim had insurance for such attacks. The report said, "...슬롯 머신 사이트 추천but if they also manage to steal sensitive data in the process, the ransom demand is increased 5.5 times."

(The above story first appeared on LatestLY on Apr 20, 2025 03:58 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).