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Cyber Insurance: In a digital age, cyber insurance is becoming increasingly important. It provides coverage for businesses against cyber threats such as data breaches, hacking, phishing attacks, and other forms of cybercrime. The benefits are manifold: it can help cover the costs associated with investigating a breach, recovering compromised data, repairing systems, public relations efforts to restore company reputation, and even legal expenses linked to the breach. It’s a critical safeguard for businesses operating in an increasingly digital and interconnected world, where data breaches and cyber-attacks can cause significant financial and reputational damage.