
Cyber INSURANCE
Cyber
Insurance
RW Insurance offers comprehensive cyber insurance solutions to safeguard businesses against the ever-evolving threats of cyber attacks and breaches.
Cyber Liability Insurance
As the world we live in today becomes increasingly dependent on technology and its role in our daily lives constantly expands, it is more important than ever for businesses to increase security measures within their organizations. Protecting the data of your customers from costly breaches and incidents that could damage your business’s reputation and your way of doing business.
Whether you are a small business or a national Fortune 500 company, not having a cyber liability insurance policy designed to protect your company and your customers can put your organization at financial risk.
The cost of cyber liability insurance varies depending on your range of exposure, such as:
- Does your business store or handle confidential customer data?
- Do you transact or share credit card numbers?
- Do you use email/computers?
These are just a few of the factors that point out how just about every business is a target for cyber criminals. The average cost to remediate a ransomware claim has continued to rise over the last few years to $333,000. Email compromise can lead to phishing attacks which average loss is $89,000 and fund transfer fraud average loss $300,000.
Please click the link below to complete a short questionnaire so that we can provide you with a quote for cyber liability coverage with one of our several carrier options.