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The Ins and Outs of Cybersecurity Insurance

May 15, 2020

2:00 PM – 3:00 PM

Cybersecurity insurance policies are intended to help companies endure major cyberattacks by offsetting the recovery costs.  If your company has employees or handles sensitive client information, your are vulnerable.

In this webinar we will discuss:

  • What cybersecurity insurance is
  • Why cybersecurity insurance should be a priority for all businesses
  • Common breaches
  • What is covered
  • Frequently asked questions

2019 Ransomware Trends and Statistics 

  • There were approximately 204 million ransomware attacks in 2019
  • Ransomware business attacks in 2019 rose 365% from 2018
  • Ransomware payments will top $11.5 billion this year
  • Ransomware downtime costs an average of $8,500/hour
  • Ransomware claims a new victim every 14 seconds
  • There were 222 new strains of Ransomware created in 2019

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