Cyber insurance is a type of insurance coverage designed to protect businesses from potential losses and liabilities resulting from cyber attacks and data breaches. This insurance typically provides coverage for various expenses associated with a cyber incident, including forensic investigation costs, notification expenses, legal fees, and potential fines or penalties. Additionally, cyber insurance may offer coverage for business interruption losses, extortion payments, and costs related to restoring data or systems. The specific coverage options can vary depending on the insurer and the needs of the business, but cyber insurance is generally aimed at helping businesses recover from the financial and reputational impacts of cyber incidents.