Transform Landlord Security Cyber Insurance Bundle Unveiled Now
Real-World Impact and Statistics
Cybercrime is on the rise, with reports indicating that cyberattacks are increasingly targeting smaller businesses and individuals. According to a recent study, the average cost of a data breach in the United States is approximately $4.24 million1. For landlords, the financial impact of a cyber incident can be devastating, making insurance an essential component of risk management.
Moreover, the frequency of ransomware attacks has surged, with a 62% increase reported in 2021 alone2. Landlords who manage multiple properties are particularly vulnerable, as they often handle large volumes of sensitive data that can be targeted by cybercriminals.