India’s Small and Medium Enterprises (SMEs) and Micro, Small, and Medium Enterprises (MSMEs), which contribute over 28% to the country’s GDP, are increasingly susceptible to cyberattacks. Cyber insurance plays an essential role in providing affordable protection to these enterprises, covering the costs associated with data breaches and other cyber incidents. It also provides assistance for operational disruptions and reputation management after a cyberattack.

UK’s Legal Aid Agency Experiences Cyberattack
A UK Ministry of Justice executive agency was targeted in a cyberattack, compromising its systems. The incident highlights vulnerabilities in cybersecurity, prompting a review of