Final answer:
Cyber risk insurance is known as Cyber insurance coverage, which protects organizations against financial impacts from cyber events. Data Breach coverage is specific to personal data loss, while Business interruption and Enterprise Risk coverage have broader implications. The option (B) is correct.
Step-by-step explanation:
Cyber risk insurance is also known as Cyber insurance coverage. Cyber risk insurance is a type of policy designed to help organizations mitigate the risks associated with digital operations, such as data breaches, hacking, and other cyber threats. This insurance typically covers the financial impact of a breach or attack, including costs related to recovery efforts, legal fees, and any losses incurred due to business interruption.
Organizations may also have Data Breach coverage, which is more specific to the loss of sensitive personal information and may include coverage for notification costs, credit monitoring services, and regulatory fines. Business interruption coverage is a broader term that may include interruptions due to cyber events, but it's not exclusive to it. Enterprise Risk coverage may encompass a range of risks that a business faces, also not specific to cybersecurity. Therefore, option (B) is correct.