You should consider purchasing a policy if your organization:

: Must comply with data privacy laws (like HIPAA or PCI-DSS) that carry heavy fines for non-compliance. The Buying Process: 4 Essential Steps

Buying cyber insurance is similar to other commercial insurance but requires much more technical evidence of "cyber hygiene". Cyber Security Insurance Policy

: Processes digital transactions or maintains online bank accounts.

: Depends on computer networks or websites to conduct daily operations.