India, Feb. 28 -- Cyber insurance is a kind of insurance aimed to protect people. It protects companies from monetary losses brought on by online dangers including hacking, data breaches, and cyberattacks. And let's face it these crimes are very common especially cyber arrests are a very common problem now. Cyber insurance covers both third-party damages (liabilities to third parties as a result of a cyber incident) and first-party losses (direct financial losses to the insured). Although it is not required, cyber insurance is a good idea for people and organizations that handle sensitive data. It is for people who depend on digital systems. It may help in reducing the monetary risks connected to cyberattacks. In this article let's go thr...