The entire global market is being transformed with digital disruption affecting every sphere of business. With technology advancement, the threat to loss of sensitive data is also advancing. Organizations are facing the daunting risk of data loss either maliciously, by human error or due to system glitches. Towards this, as organizations scramble to get cyber insurance, they are also beginning to re-evaluate their data loss prevention solutions – the latter being a key element that defines the cost and structure of their cyber insurance strategy.