Cyber Risk Assessment
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How do we create this Report?
Our partners have built a leading industry system that scours the web, detecting your online systems and testing the different ports (or doorways) that an attacker can use to access your data.
The system also combs the dark web, searching hackers share information, looking for mentions of your company and employees login information that has been gathered by hackers during their reconnaissance operations .
It can be alarming to find that hackers already have your credentials and there is an impending cyber attack planned for your company.
With this report, you can arm yourself – tighten up those vulnerabilities, change passwords and stop the attackers dead in their tracks.
Is cyber security really a problem for your organization?
The statistics are truly alarming. Cyberattacks on US businesses are not only increasing but also evolving, with substantial financial implications.
- The COVID-19 pandemic lockdowns exacerbated the situation, resulting in a 600% surge in cybercrime as businesses rushed to adapt to remote working environments.
- This trend shows no signs of slowing down, with cybercrime expected to cost companies worldwide an astonishing $10.5 trillion annually by 2025,
- This marks a significant rise from $3 trillion in 2015.
- The average cost of a single ransomware attack has reached $1.85 million, highlighting the severe financial burden of cyber threats.
The healthcare sector is particularly vulnerable
Healthcare organizations experienced the most costly data breaches for over a decade.
- The average financial loss due to data breaches in healthcare soared to approximately $10.10 million in 2022,
- a 41.6% increase since 2020.
Financial services are not spared either, with the second-highest data breach costs averaging around $5.97 million. Cryptojacking attacks in this sector saw a staggering 399% year-over-year increase from 2022 to 2023.
Cybercrime costs are growing
Global cybercrime costs are anticipated to grow by 15% per year over the next few years, reaching up to $10.5 trillion annually by 2025. The significant economic impact of cybercrime cannot be understated, affecting not just large corporations but consumers and entire industries, such as healthcare, which is predicted to spend $125 billion on cybersecurity from 2020 to 2025.
Don’t wait for your organization to become another cybercrime statistic. Take action and get this comprehensive cyber security assessment today at no cost.
Get your Comprehensive Risk Assessment Now
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Speak with an Insurance Professional
Dale Nelson
Dale specializes in sourcing the most suitable cyber liability insurance at the best price. You can call him or fill out the form and he will get your message directly.