Cyber Insurance for Small and Medium-sized companies

Small to medium-sized businesses (SMBs) are a cyber criminal’s favorite target. 
With records that can contain a delicate and detailed information about their own business and clients, falling victim to just one cyber-attack could put an SMB out of business. 
In fact, from the 1 in 5 SMBs that fall victims to a cyberattack every year, 60% will not recover and will fold within 6 months.

What is Cyber Insurance?

You buy insurance for the what-ifs.
Auto, home, renters.
Cyber insurance is the same thing.

It will protect you in case of a breach and provides a widespread policy for things that you can’t even individually list or comprehend prior to a breach. 
Cyber insurance is not a substitute for having strong security measures in place. While cyber insurance does cover many of the costs associated with a breach, you can’t put a price tag on your reputation.
See what is included in our Cyber Insurance Policy

Why do I need cyber insurance?

Typical standard business insurance policies do not cover cyber events like data breaches, ransomware, and business email compromise, or the expenses associated with them. 

It's important to understand what coverage is included in a cyber insurance policy so you can be sure to choose the one that best fits your business needs.

How do I know if I need cyber insurance?

Collect payment information online? Have a database of personal information? Digitally store employee information like Social Security numbers? Located in any of the 50 United States each with differing Breach Notification Laws?

If you answered yes, then you should have a cyber insurance policy.

What does cyber insurance cover?

The moment a security incident occurs, our 24/7 team is ready to step in and provide vetted vendors to investigate the incident’s extent, provide notification and credit monitoring, mitigate reputational damage, and financial support that covers Federal and State fines, legal expenses, data recovery*, and more!
*Restrictions may apply according to the insurance coverage

What does Cyber Insurance cover?

Various Fines
Expenses for Federal, State, and PCI fines.
Legal Council
Legal defense and liability expenses.
Breach Notification
Forensic and notification expenses.
Credit Monitoring
Expenses for involved individuals.

Cyber Insurance coverage options

Choose between $250,000 or $1,000,000 in coverage. Your organization must be a US-based organization. 

Some restrictions may apply according to the type of business.
Get a Quote for your Business

Protect your business from going out of business

Don't wait until it's too late.

Proper proactive measures can not only minimize your chances of experiencing a cybersecurity incident but if you do, can help cover the associated expenses. 

Contact us today to go over our next-to-none cyber insurance policies so we can help you establish a security program that fits your needs.

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