Cyber Liability Insurance Readiness Checklist
This cyber insurance preparedness checklist includes critical questions to help you understand if your current cybersecurity program can meet the ever-changing insurance coverage requirements. Kyber Security can help your organization prepare for success when acquiring cyber insurance coverage or reduce the cost of cyber insurance premiums.
What is Cyber Liability Insurance?
Cyber liability insurance protects companies against losses and claims arising from data loss due to a security breach, network outage, service interruption or other cyber event.
Why is Cyber Liability Insurance Important?
Businesses big and small can fall victim to cyber criminals, whether it’s due to hacking, malware, or some other nefarious act. 60% of attacks are focused on small businesses. 50% of small businesses closed after a data breach.
Cyber liability insurance is just one piece of cyber risk management. It pays for the expenses incurred after a data breach and helps to pay for or provide discounts when implementing safety controls.