Can cyber insurance protect companies from intellectual property theft, and if so, what limitations might apply?
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Cyber insurance can provide coverage for intellectual property theft, but there are limitations to consider. Some cyber insurance policies may include coverage for forensic investigations, legal fees, and potential liabilities related to intellectual property theft. However, the extent of coverage and limitations can vary significantly among different insurance providers and policies. It’s important for companies to carefully review and understand the terms, conditions, and exclusions of their cyber insurance policy to determine the extent of protection for intellectual property theft.