Sometimes! It entirely depends on your policy. Cybersecurity insurance has popped up into prominence over the last year with the rise of ransomware. This is when you need an amazing legal team to go through line by line and you need the security team that’s really on the ball to tell you what your current state is. But if you follow all the requirements in your contract, a lot of the time your cyber insurance will cover the costs of a potential ransom — and it will cover most of the cost of recovery.  What it won’t cover is any lost revenue or opportunity costs. So if you were looking at $1.2 million in recovery and $300,000 in ransom, there’s a good chance your insurance will cover that. But if you lost $10 million in sales over those two weeks, you’re out that money. (And of course, your insurance premiums are going up right after that attack.)