K Kedar Gawrav , G L Meenaz , R Vasanthselvakumar 2 2 ( April - June ) India has seen rapid growth in the digital payments industry with more and more people using digital payment methods such as mobile wallets and online banking However this growth has also led to an increase in cyberthreats With the rise of cybercrime and the increasing amount of sensitive data being stored online businesses need to protect themselves from potential financial losses and reputational damage No wonder why cyber security insurance is becoming increasingly important for digital payments businesses in India In the present paper we will explore the importance of cyber security insurance for digital payments businesses and the benefits it can provide Copyright (c) World Journal of Pharmaceutical Seiences. All rights reserved 2026