Why is quantifying cyber risks so challenging for businesses and insurers, and how does this complexity affect insurance policies?

What types of financial or operational damages caused by phishing attacks are typically covered under cyber insurance?

Why is multi-factor authentication often required by insurers, and how does it impact a business’s ability to get cyber insurance?

How do insurance providers assess the quality of a company’s incident response plan during the application process for cyber insurance?

Why do businesses often misunderstand what cyber insurance covers, and what are the most common misconceptions to be aware of?

When a data breach occurs, what kinds of financial impacts, such as legal fees or customer notifications, are covered by cyber insurance?

How do insurers handle claims for losses resulting from social engineering attacks, like fraudulent wire transfers or impersonation schemes?

Why is cybersecurity training for employees a critical factor in determining cyber insurance eligibility or premiums?

How do cyber insurance policies handle claims related to third-party liability, such as breaches involving vendors or partners?

Why is continuous monitoring of cybersecurity practices important for maintaining insurance coverage and reducing premiums?