Get Insider's Cyber Insurance Quote Tailored For Accounting Payroll
Potential Costs and Savings
The cost of cyber insurance varies based on several factors, including the size of your business, the industry, and the level of coverage required. On average, small businesses can expect to pay between $1,000 and $7,500 annually for a policy2. However, the cost of a data breach without insurance can be much higher. Additionally, many insurers offer discounts for businesses that implement robust cybersecurity measures, such as multi-factor authentication and regular employee training, providing further incentives to enhance your security posture.