Menu
If you suspect an active attack on your business, call our emergency hotline at: 612-399-9680
If you suspect an active attack on your business, call our emergency hotline at: 612-399-9680
PROTECT YOURSELF IN 2022
Reducing Cyber Insurance Claim Expenses
ENTERPRISE CYBERSECURITY
Brought to you by Blue Team Alpha: A 24/7 Elite Cybersecurity Force™
Ransomware claim expenses are rising rapidly. To combat the rising costs, insurance carriers should evaluate different response models to ransomware events.
This white paper reviews the current model of incident response for ransomware cases and details a new model to reduce overall claim costs associated with a ransomware attack, benefiting both the insured and insurance carrier.
- Discover how an alternative IR model can save you money
- Free Resource — A detailed explanation on rising cyber insurance costs and how to fix it
- The Reality of Rising Cyber Insurance Claim Expenses
- 60-75% and rising loss ratios
- 228% increase in ransomware recovery costs from 2020 to 2021
- $500K - $2M per incident cost for cyber insurance carriers (excluding extortion costs)
- 83% increase in extortion costs from 2020 to 2021
Cyber insurance claim costs are rising.
Download our free resource to find out how a new model of incident response in the event of a ransomware attack can dramatically reduce the costs of extortion demands and insurance claims.
