Following the proven processes of a recognized security framework is a significant part of fending off cybercriminals and reducing risk, but what happens if an attack is successful? Does your company have the resources to get back online and recover financially?

This is where cyber insurance steps in.

With the average cost of a data breach in 2022 being $4.35 million, cybersecurity is now a significant concern for many businesses.

To add additional layers of protection, many companies also enroll in cyber insurance plans. When an insured organization faces a cybersecurity attack, it can file a claim with its cyber insurance to minimize losses.

Have you noticed a change in your cybersecurity insurance policy?

Or maybe you’re looking into cybersecurity insurance for the first time and would like to understand it better. What’s the big deal about cybersecurity insurance, anyways?

Cyberattacks continue to increase, setting records for both frequency and cost in recent years.

Is your company's data secure from cyberattacks? How do you know? Do you know the tools and practices that help keep your system safe?

With the average cost of a data breach in 2022 being $4.35 million, cybersecurity is now a significant concern for many businesses.

Cybercrime is no longer the imaginary villain in a summer blockbuster. It’s very real, and it’s here to stay. Threats like ransomware are on the rise and can potentially bankrupt unprepared organizations.

So, what can you do to protect your business from cybercriminals?

We all know that following the proven processes of a recognized security framework is a major part of fending off attackers and reducing risk, but what happens if an attack is successful? Does your company have the resources to get back online and recover financially? This is where cyber insurance can play a role.