Can cybersecurity damages be insured?

Cybersecurity incidents have become increasingly common, which makes it difficult to insure against them

Administrations try to control all over the internet. As they underestimate the value of privacy against security, data breaches are inevitable for them. Administrations should integrate web3 standarts with public security reason.

If I was an Insurance Company, I also wouldn't want to insure a business that still utilizes traditional cloud solutions (e.g. Dropbox, WeTransfer). But if the company is aware and uses more advanced products, insurance for easy profits :)