Every business is dependent on the internet. In fact, many operations will grind to a halt if their network goes down…and bringing your network down is what cyber criminals specialize in!
The unfortunate reality is that ransomware attacks can be extremely expensive. Before you say “no thanks” to cyber insurance you need to ask yourself two important questions: How many days can you afford to have your company offline? And how much money can you afford to lose? The average downtime a company experiences after a ransomware attack is a mindboggling 21 days, and the average cost of these attacks has grown to over $200,000!
While putting measures in place to try to thwart a cyberattack is an absolute must, you also need to have cyber insurance in place to help you deal with the fallout if this “plan A” fails.
If you’d like to learn more about cyber insurance, this informative webinar is for you! Jacque Jaeqer from Coalition, a leading provider of cyber insurance for the small business community, will discuss exactly what cyber insurance covers and how affordable this coverage can be.