ELI5: Explain Like I'm 5

Cyber insurance

Cyber insurance is a type of insurance that helps protect you from the financial costs that come from a cyber attack. It can help you if something bad happens like your computer being hacked or someone getting access to your confidential information. Cyber insurance helps you pay for the cost of fixing your system, recovering any data that has been lost, and will also help you pay for any legal fees or other costs you may have from the attack. It will also help protect you from having to pay any damages to other people if they suffer from a loss because of the attack.