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Description
Cybercriminal activity is causing significant disruptions across businesses of all sizes, and the impact is alarming. On average, a ransomware attack costs around $5 million, and organizations typically take about 191 days to realize they have been compromised. With the frequency of cyberattacks on the rise, no business is immune to the threat. CNA provides a comprehensive range of cyber insurance products along with risk management resources designed for organizations of all scales, drawing from nearly twenty years of experience in the field. Our team of Underwriting and Risk Control specialists delivers customized, industry-relevant coverage options and equips businesses with essential tools to identify vulnerabilities and mitigate potential losses effectively. Moreover, in the event of a data breach, our experienced Claims professionals are committed to collaborating closely with policyholders, ensuring that they can maintain their focus on their core operations while navigating the challenges at hand. This proactive approach not only safeguards businesses but also fosters resilience in an increasingly perilous digital landscape.
Description
Hiscox offers cyber security insurance tailored for small businesses to safeguard against the threats posed by malware and hackers. This type of insurance serves as a protective measure against a range of computer-related crimes and potential losses. It can shield businesses from specific threats, including targeted malware attacks and phishing scams, in addition to incidents like misplaced laptops that hold sensitive data. Should your business’s computer systems be compromised, whether through a deliberate attack or an accidental incident, you may find yourself responsible for the expenses related to notifying those impacted and providing credit monitoring services, regardless of whether the data was actually exploited. Moreover, phishing attacks can result in financial losses, and ransomware demands can disrupt your operations. A comprehensive cyber insurance policy is crafted to address various exposures related to privacy, data, and network security. As cyber security laws evolve, the list of regulations and requirements regarding the safeguarding of cyber information and the steps needed in case of a breach continues to grow, underscoring the importance of having robust coverage. This proactive approach not only protects your business but also helps ensure compliance with the latest legal standards in the ever-changing landscape of cyber threats.
API Access
Has API
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Vendor Details
Company Name
CNA Insurance
Founded
1897
Country
United States
Website
www.cna.com/web/guest/cna/products/cyber
Vendor Details
Company Name
Hiscox
Country
United States
Website
www.hiscox.com/small-business-insurance/cyber-security-insurance