Article

1. Volume : 2
2. Issue : 2 ( April - June )
3. Month : April - June (2025)

A Conceptual Overview of Cyber Insurance in India

Author : K Kedar Gawrav , G L Meenaz , R Vasanthselvakumar

DOI : https://doi.org/10.63328/IJCSER-V2I4P8

India has seen rapid growth in the digital payments industry, with more and more people using digital payment methods such as mobile wallets and online banking. However, this growth has also led to an increase in cyberthreats. With the rise of cybercrime and the increasing amount of sensitive data being stored online, businesses need to protect themselves from potential financial losses and reputational damage. No wonder why cyber security insurance is becoming increasingly important for digital payments businesses in India. In the present paper, we will explore the importance of cyber security insurance for digital payments businesses and the benefits it can provide.