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Description

Cyber liability insurance serves as a safeguard for small businesses against the substantial financial repercussions stemming from data breaches and cyberattacks. It encompasses various costs, including notifying customers, providing credit monitoring services, covering legal expenses, and paying fines. With the rise in frequency and cost of cyber threats, small businesses, often equipped with inadequate cybersecurity measures, find themselves at heightened risk. A cyberattack can have dire consequences, potentially leading to a business's closure; startlingly, 60% of small businesses do not survive beyond six months following such an incident. By securing cyber insurance, businesses can mitigate the financial fallout from these attacks, ensuring coverage for legal fees, credit monitoring, and other significant expenses. Furthermore, in instances where hackers demand ransom for stolen sensitive information, cyber liability insurance can assist in meeting those demands, facilitating a more robust recovery process for the affected business. Thus, this type of insurance is not merely a precaution but a vital component of a small business's risk management strategy.

Description

Despite having a strong email security framework, cybercriminals may still attempt to infiltrate your email network. An examination of the most effective cyberattacks reveals a common thread: a user’s preventable action. Research indicates that human mistakes contribute to over 90% of security incidents. If your workforce is unprepared for a potential cyberattack, it sadly reflects your organization’s vulnerability as well. The foundation of your security measures lies with your personnel. Nonetheless, managing human risk remains a challenge for security teams of all scales, with 68% of breaches linked to human factors. To reshape your strategy in tackling human risk, consider Mimecast Engage, an innovative security awareness tool that utilizes Mimecast’s Human Risk Management Platform. This solution harnesses risk indicators and behavioral data to provide tailored training and interventions for each employee precisely when they need it. By addressing these risks proactively, organizations can foster a more secure environment and reduce the likelihood of breaches.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

7AI No 
Right-Hand Cybersecurity No 

Integrations

7AI Yes 
Right-Hand Cybersecurity Yes 

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 No 

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 No 

Vendor Details

Company Name

Insureon

Founded

2011

Country

United States

Website

www.insureon.com/small-business-insurance/cyber-liability

Vendor Details

Company Name

Mimecast

Founded

2003

Country

United Kingdom

Website

www.mimecast.com/products/mimecast-engage-awareness-training/

Product Features

Product Features

Security Awareness Training

Analytics / Reporting Yes 
Certification Training Yes 
Custom Test Building Yes 
Gamification Yes 
Industry Benchmarking Yes 
Non-Email Based Testing Yes 
Online Courses Yes 
Phishing Simulation Yes 
Pre-Assessments Yes 
Prebuilt Training Library Yes 

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