frequently asked questions
Do you have pay per incident service?
Yes, we do offer onsite service at $95 per hour or $85 per hour remote.
What is cyber insurance?
A cyber insurance policy helps organizations manage financial risks from cyber attacks and data breaches, covering costs like business interruption, extortion, legal fees and reputation management.
What does a cyber audit entail?
A cyber security audit assesses security practices, evaluating technologies such as firewalls, endpoint protection, encryption and incident response plans. We work with your carriers throughout the process.
What do most small to medium business pay for a cyber security insurance policy?
On average, SMBs can expect to pay between $1000-$7500 annually for coverage. We have been successful at reducing those rates for our customers.
If my company partners with you, can we save money on our cyber security insurance policy?
The short answer is yes, there is a potentiality for a savings between 10-30%. We use the tools that the insurance companies require, and we facilitate the audit on your behalf to ensure the assessment is complete and accurate.
How real is the risk to small business of being compromised?
The reality of being a target now is especially high. Small businesses are the current prime targets since hackers expect only 30% of small companies to have IT representation and the tools in place to combat them. We protect our customers by deploying secure firewalls, endpoint detection tools and antivirus software. We also monitor the logs of the devices on your network and look for typical events initiated by hackers. These are the times that our customers value our relationship the most because we are thwarting these events 24x7x365.
What is the average ransom being demanded and what types of data are being compromised?
The average ransom being requested from hackers is over $250k and often subsequent ransoms follow the initial. Before ransom is ever requested, hackers spend days/weeks sitting on your systems collecting information. They are looking for both personal and business financials as well as confidential information to encrypt or exploit. Often, the threat is to expose your private data and corporate confidential information on a public website for thieves and your competitors to leverage.
Is the threat risk worth the costs to protect from a cyber threat?
We believe so. When you look at Auto Insurance as a risk model in comparison, protecting your vehicle from collision damage usually cost us 4% annually. That is approximately the cost to insure our businesses from a post cyber-attack cost.