Cyber Risk Assessment and cyber insurance

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1.What do cyber insurance policies cover and exclude (i.e., First Party vs. Third Party)?

2. What factors might an insurance company consider in assessing the risk level (exposure) of a certain business (i.e., Organizational, Technical, Policies & Procedures, Legal & Compliance)?

3. are cyber insurance policies a viable option for businesses to mitigate cyber risk? Explain.

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