Cyber Insurance has become increasingly essential for every type of organization. With the rise in cyberattacks, the financial impact of a breach can be catastrophic. Cyber Insurance helps you mitigate these risks by providing coverage for damages caused by cyber incidents, including data breaches, network or hardware failures, and other cyber-related losses. However, organizations must have the right IT in place to be eligible for Cyber Insurance including Multi-Factor Authentication (MFA), and more.
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