Proactive Cyber Protection
Cyber security is constantly transforming due to the rapid change of both attackers and defenders.
Without the protection of cyber insurance, your personal information, ranging from social media platforms to bank accounts, is at risk of abduction.
Much of cyberspace is undiscovered and unknown to the average consumer.
In small businesses alone, cyber attacks cost over $50 billion, according to the White House Council of Economic Advisors.
Aside from the recorded evidence of cyber attacks on businesses, the unregistered accounts of identity theft, extortion, and network interruption are typically overlooked by businesses for fear of drawing ill-wanted attention to their security.
Small Businesses as Targets
Researchers have found that more than half of cyber attacks hit small-midsized businesses.
As a small business, it is your responsibility to keep your business, employees, and clients safe from cyber attacks.
Recent attacks like WannaCry in May 2017 and NoyPetya in June 2017 highlight the ever-changing nature of cyberspace. If properly protected, businesses can find solace in the internet instead of fear.
Cost Efficiency: Cyber Insurance versus Data Breach
In 2017, the odds of experiencing a data breach was as significant as 1 in 4 consumers.
As of 2017, the average cost of stolen information from a company was $141. Paired with a recorded 24,000+ cases in the United States, the cost of recovering from a data breach is crippling.
The significant gap between costs of insurance versus cost of recovering from a data breach provides tangible evidence as to why cyber security is critical in our businesses today.
Talk to an agent.
To avoid the headache of dealing with data breaches, talk to one of our agents today about your potential coverage.
We can help you find the best identity theft protection for you and your loved ones. At Henry Insurance, we’re ready to find you the best policies to fit your needs.
Talk to an agent at Henry Insurance Services today at (225) 927-0451 or by contacting us online.