Companies that handle data explore cyber insurance as part of protection strategy While cyber insurance is still a maturing concept, cyber liability is not. Since the 1990s, businesses purchased cyber liability insurance to cover data loss or damage due to computer viruses. Then, in 2014, with rulings from two separate court cases that found that personal identifiable information that had been breached by a hacker was not covered under general liability insurance, modern-day cyber insurance was born. |