Ultimate 3PL Cyber Insurance Solution Transforms Warehouse Security
Real-World Impact and Cost Considerations
The cost of cyber insurance varies based on factors such as company size, industry, and risk exposure. However, the financial protection it offers can far outweigh the premium costs, especially when you consider the potential losses from a cyberattack. According to a report by IBM, the average cost of a data breach in 2023 was $4.45 million1. Investing in cyber insurance can mitigate these costs, ensuring your business remains resilient.