Skyrocket Security With Cyber Insurance For PCI Merchants
Cyber insurance policies vary widely, but most offer two primary types of coverage:
- **First-Party Coverage**: This covers direct losses to your business, such as data restoration, business interruption, and extortion payments in the case of ransomware attacks4.
- **Third-Party Coverage**: This protects against claims made by customers or partners affected by a data breach, covering legal defense costs and settlements5.