Maximize Profit with Expert Cyber Liability Renewal Strategies
Real-World Data and Statistics
According to a report by Cybersecurity Ventures, cybercrime damages are predicted to cost the world $10.5 trillion annually by 20251. This staggering figure underscores the importance of having adequate cyber liability coverage. Furthermore, a study by Hiscox revealed that the average cost of a cyberattack for small businesses is $200,0002, highlighting the financial risks involved.