Can insurance policies address incidents of cyber impersonation, like fake emails or social media accounts harming a company?
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Can insurance policies address incidents of cyber impersonation, like fake emails or social media accounts harming a company?
Yes, insurance policies can address incidents of cyber impersonation, such as fake emails or social media accounts harming a company. Some insurance providers offer specific cyber insurance coverage that includes protection against various cyber risks, including impersonation attacks. These policies may cover costs related to investigating the incident, legal fees, reputation management expenses, and potential financial losses incurred due to the impersonation. It’s essential for businesses to review their insurance policies carefully to understand the extent of coverage provided for cyber impersonation incidents.