Cybersecurity insurance is a valuable tool for specific purposes. It is not a replacement for a proper risk mitigation program, but can displace some of the financial losses for extreme cyberattacks. Policies can provide important financial relief, but it should never be the first or only line of defense.

Check out the article by Mirko Zorz at Help Net Security magazine:  https://www.helpnetsecurity.com/2025/03/27/cyber-insurance-ciso/