The 2024 guide to cyber insurance for small businesses
No business is immune from cyber risk. Get the latest insights on protecting your company during a cyber event, discover how much your sensitive information is worth, and learn how much cyber insurance you really need.
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Protect your business by becoming RiskAware
The 2024 guide shows you how to:
- Keep your company protected with cyber insurance
- Reduce financial risk via cyber hygiene practices
- Support and justify a cybersecurity budget
- Right-size your cyber insurance policy coverage
Today, the question is no longer if a cyber incident will happen, it’s when and for how much?
22.5M
records a day
On average 22.5M records a day are lost to data breaches
65%
higher cost
The average cost of a data breach in healthcare is 65% higher than any other industry
49%
of incidents
49% of cyber incidents were caused by negligent employees (25%) while 51% were from malicious attacks
70M
records stolen
More than 70M records were stolen or leaked in 2018 due to misconfigured cloud storage
*Accreditation: Ponemon, Cost of a Data Breach Report, IBM’s 2021 cost of a data breach, and Verizon’s 2021 data breach investigations report