THREAT‑WATCH
Glossary
Cyber Insurance
An insurance policy covering financial losses from cyber incidents, such as breach response costs, business interruption, and liability claims.
Cyber insurance typically covers incident response and forensics costs, legal fees, regulatory fines (where insurable), business interruption losses, and third-party liability claims. Insurers increasingly require evidence of specific controls, such as MFA, EDR, and tested backups, before issuing or renewing a policy, and can deny claims if those controls weren't actually in place at the time of the incident.