A single ransomware incident can paralyze corporate operations for weeks. Modern cyber insurance covers both direct extortion demands and consequential business income loss.
1. Cyber Policy Coverage Pillars
- First-Party Loss: Incident response forensics, legal breach counsel, data restoration, and forensic PR communication.
- Dependent Business Interruption (DBI): Reimbursing lost operating profits when an upstream cloud provider (AWS, Azure) suffers a systemic outage.
- Regulatory Defense: Fines and penalties assessed under HIPAA, GDPR, or CCPA/CPRA data privacy frameworks.