Many companies think cyber insurance will protect them from financial losses after an attack. But many policies have gaps. Some claims get denied. Others cover less than expected. CISOs must understand the risks before an attack happens. Misconceptions about cyber insurance Myth: Insurance will cover all costs after a breach. Reality: Policies often exclude key expenses. Some won’t cover ransomware payments. Others limit payouts for business downtime. Myth: If we meet security standards, our claim … More
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