Ransomware and Its Impact on Businesses

Ransomware continues to be a growing concern for all organizations. According to the NetDiligence 2021 Ransomware Spotlight Report, most ransomware events are happening in companies making less than $50 million a year.

The average total incident cost for these small businesses is about $95,000, with business interruption contributing to the number — not the actual ransom. We offer coverage for ransomware and cyber business interruption when packaged with technology errors and omissions.

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