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A cyber insurance policy is called cyber risk insurance or cyber liability insurance coverage, financial merchandise that allows businesses to relocate the costs associated with revival from a data breach or cyber attack. The vital feature of cyber liability insurance is network security coverage. This coverage gets activated in the case of a network security failure like business cyber security breaches, malware attacks, ransomware involvement on business accounts, and compromising business details. Furthermore, the policy will also work on liability claims and ancillary costs of an attack or breach. In other words, cyber liability insurance offers the right of entry to a team of administrative breach coaches and other business heads.