In the last decade, the cyber threat landscape has changed dramatically. The estimated global cost of cyber-crime is $400 billion annually, with 70% of breaches attributable to malware or hacking. In fact, recent studies show that over 43% of cyber breach victims were small or mid-sized businesses, and 60% of those businesses are at risk of closing their doors after a major cyber-attack. With the threat of cyber attacks increasing, business owners must ensure they are properly prepared to ward off incidents and have an effective response plan to handle these attacks if they occur. Part of this plan includes Cyber Liability Coverage.
Malicious threats like malware, ransomware, spyware, and scareware are on the rise in today’s world — especially for business owners. Let the experts protect your business with specialized Cyber Liability Coverage. This superior coverage is extremely affordable – as low as $4 per month for habitational BOP policyholders.
Capital Insurance Group (CIG) understands the needs of businesses and how to protect them. Did you know that approximately 50% of small businesses have admitted to being unprepared for cyber attacks? That’s why we’re proud to offer Cyber Liability Coverage for BOP. With our 360⁰ approach and reputable and reliable BOP coverage, companies have access to a comprehensive set of preventive solutions and breach response services at their fingertips.
The dedicated team works side-by-side with businesses at every stage of incident investigation and breach response. Businesses will have greater peace of mind knowing the experienced team has handled over thousands of breaches of varying size and complexity.