Top Solutions for IT Providers' Insurance Needs Found

Real-World Examples and Statistics

According to a recent survey, 60% of small businesses, including IT providers, go out of business within six months of a cyberattack⁵. This statistic underscores the critical need for robust cyber liability insurance. Additionally, the average cost of a data breach in the U.S. is $3.86 million⁶, making insurance coverage not only a smart investment but a necessary one to mitigate potential financial losses.