Cyber Insurance

byPaytm Editorial TeamLast Updated: December 12, 2025

Meaning

Cyber Insurance protects individuals or businesses from financial losses due to cyberattacks.

Definition

It covers risks like data theft, hacking, online fraud, and cyber extortion.

What It Includes

  • Data recovery
  • Legal expenses
  • Financial loss due to fraud

Importance

Essential in the digital age where cyber risks are growing.

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