Protect Against Cyber Attacks
Data breaches, ransomware, and cyber attacks can destroy your business. Get comprehensive cyber liability coverage to protect your digital assets and reputation.
Why Your Business Needs Cyber Insurance
Cyber attacks are the fastest-growing threat to businesses. Here's why you need protection:
Data Breaches Are Expensive
Average cost of a data breach is $4.45 million. Notification costs alone can exceed $100,000.
Ransomware Attacks
Ransomware attacks increased 41% in 2022. Average ransom demand is $1.5 million.
Regulatory Fines
GDPR fines can reach 4% of annual revenue. CCPA violations cost up to $7,500 per record.
Business Interruption
Cyber attacks can shut down operations for days or weeks, causing massive revenue loss.
Reputation Damage
60% of small businesses close within 6 months of a cyber attack due to reputation damage.
Legal Liability
Clients can sue for data breaches. Legal defense costs can exceed $500,000.
What Cyber Liability Insurance Covers
Comprehensive protection for the most common cyber threats and their consequences.
Data Breach Response
- • Breach notification costs
- • Credit monitoring for affected customers
- • Forensic investigation
- • Public relations and crisis management
Ransomware & Cyber Extortion
- • Ransom payments (if recommended by experts)
- • System restoration costs
- • Business interruption coverage
- • Negotiation and expert assistance
Legal & Regulatory
- • Legal defense costs
- • Regulatory fines and penalties
- • Privacy liability claims
- • Compliance assistance
Business Interruption
- • Lost income during downtime
- • Extra expenses to maintain operations
- • System restoration costs
- • Temporary workspace rental
Cyber Crime
- • Social engineering attacks
- • Funds transfer fraud
- • Computer fraud
- • Employee theft of funds
Media Liability
- • Copyright infringement
- • Defamation and libel
- • Invasion of privacy
- • Trademark violations
Who Needs Cyber Liability Insurance
Any business that stores, processes, or transmits data needs cyber insurance.
High-Risk Industries
- Financial services and advisors
- Healthcare and medical practices
- E-commerce and online retailers
- Technology and software companies
- Real estate agencies
Data You Might Have
- Customer contact information
- Payment and billing data
- Employee personal information
- Client files and documents
- Business financial records
Coverage Limits & Pricing
Coverage amounts depend on your business size, data sensitivity, and risk level.
Small Business
For businesses with basic data needs
- • Up to 1,000 records
- • Basic breach response
- • $500 - $1,500/year
Medium Business
For growing businesses with more data
- • Up to 10,000 records
- • Enhanced coverage
- • $1,500 - $5,000/year
Large Business
For enterprises with sensitive data
- • Unlimited records
- • Full cyber suite
- • $5,000 - $25,000+/year
Don't wait for a cyber attack
Get cyber liability coverage today. Most attacks happen to unprepared businesses.