A coverage that protects businesses engaged in electronic commerce from losses caused by hackers is termed as _________

Hospital Insurance
Hospital Insurance
Hacker Insurance
Identity theft Insurance

The correct answer is: C. Hacker Insurance

Hacker insurance is a type of cyber insurance that protects businesses from losses caused by hackers. It can cover a wide range of costs, including the cost of repairing or replacing hacked systems, the cost of investigating and responding to a hack, and the cost of notifying customers and regulators of a breach.

Hospital insurance is a type of health insurance that covers the cost of hospital stays and other medical expenses. It is not designed to cover losses caused by hackers.

Identity theft insurance is a type of insurance that covers the costs associated with identity theft, such as the cost of repairing your credit report and the cost of replacing stolen or lost cards. It is not designed to cover losses caused by hackers.

Here are some additional details about each option:

  • Hospital insurance is a type of health insurance that covers the cost of hospital stays and other medical expenses. It is not designed to cover losses caused by hackers.
  • Identity theft insurance is a type of insurance that covers the costs associated with identity theft, such as the cost of repairing your credit report and the cost of replacing stolen or lost cards. It is not designed to cover losses caused by hackers.
  • Hacker insurance is a type of cyber insurance that protects businesses from losses caused by hackers. It can cover a wide range of costs, including the cost of repairing or replacing hacked systems, the cost of investigating and responding to a hack, and the cost of notifying customers and regulators of a breach.