Provide a constructive response to the following  based on its concept. A few factors to consider for choosing cyber insurance are whether they only cover first-party or both first-party and third-party breaches. The amount of coverage necessary including legal cost, affected party payouts, and recovery cost if hardware or software becomes damaged. While each company needs to decide what their own needs and wants are when choosing a cyber insurance I recommend AIG because they have offerings for any size company, with limits up to $100M and no minimum retention. This means that regardless of how small the breach is there can be an insurance claim and not have to pay out of pocket. Prices are not listed, but AIG states depending on their analysis of the system depends on what they will offer and then the company can make a decision on the plan they want. Another great benefit is they cover losses based on most common attack vectors. AIG also takes pride in being a company that will accept claims no matter where the company's work takes them in the world. This is a major advantage for global companies wanting to cover all their global offices, but can maintain all coverage through one provider making it much simpler in the event of a breach.