How Do I Get Cyber Liability Insurance?

How Do I Get Cyber Liability Insurance? To get cyber liability insurance, assess your cyber risk, research insurers, obtain quotes based on your security posture, and choose a policy that aligns with your business’s specific needs and risks. Searching for ‘how do I get cyber liability insurance’? You’re in the right place. This no-nonsense article […]

Do I Need Cyber Insurance?

Do I Need Cyber Insurance? Whether you need cyber insurance depends on various factors, including your business’s digital footprint, the type of data you handle, and your overall risk management strategy. Given the increasing prevalence of cyber threats, many businesses are finding that cyber insurance is a prudent safeguard in today’s digital world. Do I […]

How Much Does Cyber Insurance Cost?

How Much Does Cyber Insurance Cost The cost of cyber insurance varies significantly based on factors like business size, industry, revenue, and risk exposure. On average, small businesses might pay around $1,740 annually for $1 million in coverage. Determining “how much does cyber insurance cost” hinges on multiple factors. For a typical small business, you […]

What Is Cyber Insurance?

What Is Cyber Insurance? Cyber insurance is a specialized insurance product designed to help businesses and organizations mitigate the financial risks associated with cyber threats and incidents. It provides coverage for expenses related to data breaches, cyber attacks, and other digital security issues, ensuring financial support and resources for recovery in the aftermath of a […]

Cyber Attacks – What You Need To Know

Return To: Cyber Insurance – The Ultimate Guide Although vaccines have been rolled out to combat the pandemic, it appears that things will not be the same as they were before COVID-19. Many CEOs believe that the remote and distributed workforce we have nowadays will remain. Because of this, organizations have to brainstorm how they […]

Cyber Liability Insurance Claims

Return To: Cyber Insurance – The Ultimate Guide Your company faces risks of cybercrimes, no matter how small. There are many cyber crimes that your company may fall victim to, which don’t always involve losing a computer. You need financial protection to ensure your customers’ and your safety when cybercriminals attempt to infiltrate your systems. […]

What Does Cyber Insurance Cover?

Return To: Cyber Insurance – The Ultimate Guide Virtually all businesses today face risks from managing data and using technology for their daily operations. Some examples of cyber risks include disruption or failure or computer systems, data breaches, intellectual property theft, identity theft, and other forms of cybercrimes.  In the past decade, data breaches have […]

The Best Cyber Insurance Companies?

Return To: Cyber Insurance – The Ultimate Guide The National Association of Insurance Commissioners (NAIC) issued a report on cybersecurity insurance coverage in 2019. This Cyber Security Supplement report highlights the market growth that occurs as a result of companies getting comprehensive cyber insurance plans. Cybersecurity thus becomes necessary for any business (especially small businesses) […]

Cyber Threats: Are You Protected?

Return To: Cyber Insurance – The Ultimate Guide You’ve done your research.  You’ve hired a reputable cybersecurity company to keep your business safe from hacker threats to your social media and internet transactions.  That’s all you need to be protected.  Right?  Unfortunately, no. With the digital age surging all around us, the threat to our […]

2017 and the Future of Cyberattacks

Return To: Cyber Insurance – The Ultimate Guide We’ve talked a bit about cyberattacks and the need for cybersecurity over the last year, but now that this year is coming to a close, we thought we’d take a look at some numbers involved in cyberattacks and what the experts think the field will look in […]