Cyber breaches are on the rise and taking longer to resolve. For businesses that experience a cyber breach, it takes an average of 14 days to resolve the attack and costs an average of $17,696 per day. In spite of this, you may be finding that you don’t realize just how important cyber liability protection can be. You may even be noticing that there’s a general lack of awareness about the exposure; how cyber policies work; or perhaps even assumptions that existing policies will provide coverage for this type of risk.
The video will help you develop a basic understanding of cyber risk, the types of companies that are commonly exposed, what happens when a your company faces a breach and the importance of having cyber liability coverage to protect your business.