Are incidents of unauthorized access to sensitive data fully covered under cyber insurance policies, and how are claims processed?
How does cyber insurance cover losses from unauthorized access to sensitive data?
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Cyber insurance policies typically cover incidents of unauthorized access to sensitive data, such as data breaches. However, coverage can vary depending on the specific policy terms and conditions. Claims for unauthorized access to sensitive data are typically processed by submitting a claim to the insurance company, providing documentation of the incident, including evidence of the unauthorized access and its impact, and following the procedures outlined in the policy. It’s important to review your specific cyber insurance policy and consult with your insurance provider for detailed information on coverage and claims processing.