ACC Solutions: Cyber Insurance
Cyber Insurance Policy
It may not be well known that costs relating to cybercrime are expected to jump from $3 trillion to over $5 trillion in the next five years. Companies, especially small and medium businesses (SMBs) will increasingly depend on timely, insightful risk intelligence to protect against cyberattack. Yet even the most well-informed cybersecurity team with the most modern technology and best practices cannot prevent all cyberattacks, and employee error remains a leading cyber exposure. In the modern era, companies will succeed by educating staff on trending cybercrime tactics, techniques, and procedures while also protecting their downside with a broad, affordable cyber insurance policy.
For small and medium businesses with smaller budgets and fewer resources, these challenges are magnified. And those relying on manual intelligence gathering and traditional property and casualty insurance policies face an even greater threat. by bundling ACC daily cyber threat notification service with our cyber insurance policy, SMBs get a holistic cyber risk solution that both informs and protects.
Thus, Attribution Cyber Consulting now offers a next-generation, affordable cyber insurance protection policy for small and medium businesses. This cyber insurance policy is the only solution designed for SMBs and allows vendors to bind a broad policy of up to $2,000,000 on behalf of their customer at the point of sale, without application of underwriting–often for less than the price of a cup of coffee a day.
Leveraging the end-users existing data discovery capabilities or its proprietary monitor, the platform scans the SMBs network and automatically records any anomalous activity in its proprietary blockchain for irrevocable proof of loss and full transparency. This offering also triggers a smart contract that initiates a covered breach response team to begin remediation, saving time and money. These value-added cyber services offer on both the front- and back-ends of the cyber risk spectrum and help organizations identify and prepare for emerging risks while also protecting those organizations in the unlikely event of a breach.
Contact ACC for all solution pricing.