How does cyber insurance cover third-party vendor breaches?

Cyber insurance policies can provide support to businesses that suffer a data breach through third-party vendors by offering coverage for various costs associated with the breach. This may include expenses for forensic investigations to determine the root cause of the breach, legal fees for defending against lawsuits or regulatory actions, costs for notifying affected individuals, credit monitoring services, public relations expenses to manage the reputational fallout, and even potential reimbursement for revenue losses due to the breach. However, the specific coverage and extent of support can vary depending on the policy terms and conditions.