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.

RiskAssure eBook 2024

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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?

22.5 million records a day

22.5M
records a day

On average 22.5M records a day are lost to data breaches

65% higher cost

65%
higher cost

The average cost of a data breach in healthcare is 65% higher than any other industry

49% of incidents

49%
of incidents

49% of cyber incidents were caused by negligent employees (25%) while 51% were from malicious attacks

70 million records stolen

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

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