The average cost per compromised record is $165. How many customer records do you have – hundreds, thousands?
Cyber breaches are not a matter of IF, but WHEN. Do the math, without Cyber insurance, a simple malware or ransomware attack can bring your business to its knees.
Minimum premiums start as low as $1,000 for $1,000,000* of coverage – but the best way to ensure a thorough solution is to consult with a professional at Hilb Group.
*COVERAGE DISCLAIMER: These statements do not amend, modify, or supplement any current or future insurance policy. They are not a guarantee of savings, cost, or services but reflect past client and broker experiences in the states where we are licensed. All clients and coverages are unique. Your results can and will vary.
Get Cyber Protection!
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It’s a hard truth. Cyber threats are advancing faster than the world’s best defenses. Your assets are under siege and technology alone isn’t enough.
Since standard business insurance policies do not cover cyber risk, Cyber insurance is necessary for all organizations. We strongly recommend it, if you don’t already have it.
Why partner with Hilb Group
Many Important Benefits Cyber Insurance Offers
Coverage for Data Breaches
Ensures financial protection and support for your business in the event of a data breach, covering costs associated with data recovery, wire transfer fraud, electronic theft, crisis management, notifying affected parties, credit monitoring, and potential legal liabilities.
Reimbursement for Business Loss
Includes coverage for business losses resulting from a cyber incident, which could include income interruption, extra expenses incurred during recovery, and other financial impacts on your business.
Defense Against Cyber Extortion
Offers protection by covering expenses, such as ransom payments and costs associated with negotiating with cybercriminals to mitigate the impact of an extortion attempt.
Forensic Investigative Support and Preventative Measures
Assistance in identifying the root cause, assessing the extent of the breach, and developing strategies for enhancing cybersecurity measures in the future.
Cyber policies also include other coverages, such as failure to prevent a cyber incident, confidential data breach, regulatory defense and penalties, and media liability.
Interested in Cyber coverage to protect against potential data breaches?
Get a free quote in less than 10 minutes.
COVERAGE DISCLAIMER: These statements do not amend, modify, or supplement any current or future insurance policy. They are not a guarantee of savings, cost, or services but reflect past client and broker experiences in the states where we are licensed. All clients and coverages are unique. Your results can and will vary. Your eligibility for products and services is subject to the final determination of underwriting qualifications and acceptance by the insurance underwriting company providing such products or services. If there is a discrepancy between information contained herein and your policy, your policy takes precedence. Consult the actual policy or your licensed agent for details regarding terms, conditions, coverage, exclusions, products, services, and programs which may be available to you.
GENERAL INFORMATION DISCLAIMER: Statements on this website regarding insurance policies and coverages and other content provide general information only. There is no intentionally misleading information contained in this website, however, Hilb Group, provides no warranty as to their accuracy. We will endeavor to correct or clarify any incorrect information. Any hypertext links to other sites or vendors are provided as a convenience only. We have no control over those sites or vendors and cannot, therefore, endorse nor guarantee the accuracy of any information provided by those sites or the services provided by those vendors.