Cyber insurance is a type of insurance that protects organizations from the effects of cyber-attacks. Cyber insurance generally covers your business’s liability for a data breach involving all the confidential data, programs, computer and network of an organization is secured from the unauthorized access and exploitation. The policy offers complete insurance protection to your business against cyber or digital risks that can result in a financial loss to the insured and reputational loss to a third party because of a breach in the insured’s systems.