Cyber insurance helps businesses recover from cyberattacks by covering financial losses, legal costs, and data recovery expenses. It can also cover business interruption caused by a security incident.

While not legally required, cyber insurance is strongly recommended, especially for businesses that store customer data or process payments online.

However, insurance should not replace a strong cybersecurity strategy. Many insurers now require proof of robust security measures such as firewalls, encryption, and MFA before issuing a policy. Edmondson’s can help you meet these technical requirements and ensure your systems comply with insurer expectations.