Cyber Insurance policies are only effective when they represent the true liability of the institution. We benchmark companies against their peers and quantify their true risk eliminating critical mistakes with Cyber Insurance. Industry reports show that over 80% of companies today are underinsured with their Cyber Liability Limits.
We provide a true liability benchmark giving companies confidence with their insurance policy coverage. Several industry reports have shown that companies are as much as 3,000% below their needed insurance limits.
A recent breach has contributed to a $2.5 billion loss of a major health company. Their estimated loss at the time of breach was $1 billion. Thire party damages and business interruption losses are major misconceptions when assess cyber damages.
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