YOU ASK:

What is the definition of Hacker Insurance?

WE ANSWER:

Hacker Insurance provides protection against damage caused by hackers. A coverage that protects businesses engaged in electronic commerce from losses caused by hackers.

With the increase in the number of internet users and the rise of internet commerce (e-commerce), the threat of hackers getting unauthorized access into networks and committing all manner of damage has also risen.

Hacker insurance protects individuals and businesses against this risk. This protects against the theft of information, virus attacks, loss of business and credibility due to damaged websites and spoofing and so on. This may have cost the individual or business big money. Hacker insurance, within certain conditions, will pay for damage caused by hackers.

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