Why doesn’t my cybersecurity insurance cover that?

Still some risk to customerImage by kuchingboyCybersecurity insurance is designed to alleviate losses from various cyber incidents, including data breaches, damage to networks, and any interruptions to business operations. But while billion-dollar companies are all in desperate need of cybersecurity insurance and can afford to spend millions without thinking twice, cybersecurity insurance only transfers some of the risk of a breach to the insurer. It does not cover lost data, reputation damage o