How can businesses seek financial protection against cyber extortion or blackmail through their insurance policies?
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How can businesses seek financial protection against cyber extortion or blackmail through their insurance policies?
Businesses can seek financial protection against cyber extortion or blackmail through their insurance policies by obtaining cyber insurance coverage that includes coverage for expenses related to cyber extortion incidents. This type of insurance policy typically provides coverage for ransom payments, costs associated with investigating the incident, legal expenses, and other related expenses. It’s important for businesses to carefully review their cyber insurance policy to understand what is covered and what is excluded when it comes to cyber extortion or blackmail incidents.