About two decades earlier, the concept of a comprehensive cyber security insurance plan was non-existent. What was prevalent, were individual chunks of cyber liability insurance such as errors and omissions in rendering digital services, data infringement/destruction and protection against virus attacks. For businesses with multiple potential risks, purchasing these covers separately was very expensive.
Today threats have changed, and cyber risk is no longer secluded just to big business. Naturally, cyber risk insurance is more complicated than ever before with covers ranging from comprehensive to individual risk specific policies. Depending on the size and nature of your business, you can find a suitable cover to prevent future cyber risks.