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Description

Cyber liability insurance serves as a safeguard for small businesses against the substantial financial repercussions stemming from data breaches and cyberattacks. It encompasses various costs, including notifying customers, providing credit monitoring services, covering legal expenses, and paying fines. With the rise in frequency and cost of cyber threats, small businesses, often equipped with inadequate cybersecurity measures, find themselves at heightened risk. A cyberattack can have dire consequences, potentially leading to a business's closure; startlingly, 60% of small businesses do not survive beyond six months following such an incident. By securing cyber insurance, businesses can mitigate the financial fallout from these attacks, ensuring coverage for legal fees, credit monitoring, and other significant expenses. Furthermore, in instances where hackers demand ransom for stolen sensitive information, cyber liability insurance can assist in meeting those demands, facilitating a more robust recovery process for the affected business. Thus, this type of insurance is not merely a precaution but a vital component of a small business's risk management strategy.

Description

As cybercriminals operate without constraints and continually innovate their techniques, it is essential to stay ahead in the ongoing fight against cyber threats. Concentrating solely on immediate concerns makes it difficult to keep up with the evolving landscape of cybercrime. Since its inception in 2012, PRODAFT has established itself as a vital service provider across numerous essential industries such as banking, finance, fintech, aviation, insurance, IoT, defense, and telecommunications. The tailored nature of our solutions has resulted in an almost nonexistent client turnover, as we understand and cater to the distinct needs and priorities of each sector. PRODAFT has earned the trust of countless financial institutions, eCommerce platforms, payment processors, aviation firms, insurance companies, energy producers, and various critical infrastructure sectors. Our commitment to excellence is evident in our ability to consistently surpass customer expectations, offering services ranging from penetration testing and security education to cyber-attack simulations and bespoke consulting. This dedication to quality has solidified our reputation as a reliable partner in the fight against cyber threats.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Cortex XSOAR
ServiceNow
Splunk Cloud Platform

Integrations

Cortex XSOAR
ServiceNow
Splunk Cloud Platform

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Insureon

Founded

2011

Country

United States

Website

www.insureon.com/small-business-insurance/cyber-liability

Vendor Details

Company Name

PRODAFT

Founded

2012

Country

Switzerland

Website

www.prodaft.com

Product Features

Product Features

Cybersecurity

AI / Machine Learning
Behavioral Analytics
Endpoint Management
IOC Verification
Incident Management
Tokenization
Vulnerability Scanning
Whitelisting / Blacklisting

Alternatives

Alternatives

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