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.

Louis Vuitton says UK customer data stolen in cyber-attack – The Guardian
Summarize this content to a maximum of 60 words: Louis Vuitton says UK customer data stolen in cyber-attack The Guardian