Safeguard Data Centers Now With Ultimate Insurance Secret
Cost Considerations and Real-World Examples
The cost of data center insurance varies based on factors such as location, size, and the specific risks involved. For example, data centers in regions prone to natural disasters may face higher premiums for property insurance. However, the investment in insurance is often outweighed by the potential costs of an uninsured loss. According to a report by the Ponemon Institute, the average cost of a data breach in 2023 was $4.45 million, highlighting the importance of adequate coverage3.