What does cyber liability insurance cover?
- Forensic investigations
- Litigation expenses
- Regulatory defense expenses/fines
- Crisis management expenses
- Business interruption
- Cyber extortion
- Betterment
Facts about Cyber Security
- Human error accounts for 95% of all data breaches
- Every 39 seconds, there is a cyber attack
- 43% of cyber attacks target small business
- 75% of cyber attacks start with an email
- Most companies take nearly six months to detect a data breach
- On average, only 5% of companies’ folders are properly protected
- Email is the primary entry point of 94% of malware attacks
- 4 million files are stolen every day – that’s 44 every single second