Background: The growing risk of cyberattacks against networks and digital devices in the contemporary world has made cyber insurance more crucial. This policy protects firms from cyber events like cyber theft and terrorism (Baker & Shortland, 2023). According to Romanosky et al. (2019), a cyber insurance policy covers multiple risks, including recovering personal identities, attack remediation, system damage, and data breaches and recovery (Romanosky et al. (2019). Different scholars analyze cyber insurance coverage and policies and their significance as risk management tools and explain how this concept has evolved with the increasing need for safety in businesses.
This document is an outline. It should be a 1 page document written in APA style of a brief narration for what would be the highlights of a cyber insurance presentation (the presentation will consist of 13 slides).
Highlights such as the role of cyber insurance in mitigating risk, cyber insurance pricing, factors affecting demand, the evolution of cyber insurance, and so on.
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