With the DNC cybersecurity attack featured prominently in the news media, it's safe to say most people have heard of network cyber vulnerability. Though you may have heard it, you might still have some questions as to what it is, and that's okay. Asking questions leads to getting answers.

Curious about cybersecurity and how it can help protect your business? Here are 20 frequently asked questions and their answers about cyber insurance coverage.

The 20 FAQs
Q: What is cybersecurity?
A: Cybersecurity is a compilation of technology and network interface processes created to protect your company's network, programs, computers and data from a cyber-attack.

Q: What constitutes a cyber-attack?
A: A cyber-attack is when an outside entity infiltrates your business's private network to shut down and steal your company's, your employees, and your clients, sensitive information. This stolen information can be used for ransom and disseminated to the public.

Q: How does cyber insurance coverage work?
A: Cybersecurity insurance coverage includes the loss of sensitive information through a data breach after your company has permitted or failed to stop unsanctioned user access to your company network. Cyber insurance covers notification costs, litigation costs, fines and penalties.

Q: Is cyber insurance expensive?
A: Cyber insurance is not expensive when you use CyberPolicy for price comparisons between leading cybersecurity agencies.

Q: Who is vulnerable to a cyber-attack?
A: Everyone is vulnerable to a cyber-attack. If you have a website or social media presence, you are a target.

Q: Are there different types of cyber-attacks?
A: Yes, there are different types of cyber-attacks. Types of attacks include: the Trojan Horse, Phishing, Unpatched Software and the most well-known of them all, Malware.

Q: What is Malware?
A: Malware is used to disable and damage computers and networking systems.

Q: How would I know if my small business is being targeted?
A: With more than half of small businesses suffering cyber-attacks, assume your small business is always a target. In 2014, 64 percent of small businesses experienced a data breach.

Q: Can I get a discount on cybersecurity insurance?
A: If you meet the cybersecurity requirements of your insurer, they will offer discounts. If your agent does not volunteer sharing information about discounts, just ask!

Q: Is there a difference between a cyber risk and a cyber threat?
A: Yes. A cyber risk is the risk at which your company can lose money or sensitive information. A cyber threat includes how a cybercriminal can infiltrate your network and halt or dispense your system and its confidential information.

Q: Will my cyber insurance protect me if an employee caused the attack?
A: Yes. Cyber insurance protects you in the event of a malware and phishing (and other network breaches) attack even if it has been caused by an employee.

Q: In what situations does cyber insurance not cover you?
A: As in the same case of other types of insurance policies, yes, there are situations in which your cybersecurity agency can deny coverage. This happens most often when you have not made your premium payments or there's reason to believe you have committed fraud.

Q: If I'm late on a payment, will my cybersecurity insurance be frozen?
A: No, but your premiums could rise as a result.

Q: How many small businesses suffer from a cyber-attack a year?
A: As mentioned above, 64 percent of small businesses experience a cyber-attack every year.

Q: If I don't have cyber insurance, what would it cost out of pocket to pay for cyber-attack damages?
A: Cyber-attacks cost companies like yours an estimated $400 billion a year altogether. On average, a cyber-attack cost individual businesses $38,000 a year.

Q: Can I make annual payments for my cyber insurance coverage?
A: This will depend on the cybersecurity company you choose.

Q: How long would it take me find out if my network has been attacked if I don't have cyber insurance?
A: It takes companies an average of 200 days to learn they have fallen victim to a cyber-attack. If you have cybersecurity, your team will conduct routine check-ups to make sure your network has not been accosted.

Q: How often will my insurer check to make sure my network is safe?
A: This depends on the cybersecurity agency you go with. Some conduct tests weekly and others monthly.

Q: Do I have to pay a deductible?
A: Yes, you will have to pay a deductible.

Q: How long does it take a cybersecurity company to process a claim?
A: It can take as long as two or three weeks.

With all your questions answered, now's the time to invest in cyber insurance coverage. Visit CyberPolicy.com today.