Cyber insurance — also called cyber liability — covers your business after a data breach, ransomware attack, phishing-driven wire fraud, or other digital-era event that a general liability policy would not pay for.
Standard cyber coverage includes:
- Data breach response — notification costs, forensic investigation, and credit monitoring for affected customers.
- Ransomware — extortion payments and recovery costs.
- Business interruption — lost revenue while systems are offline.
- Third-party liability — lawsuits from customers whose data was exposed.
- Regulatory fines where insurable.
RMO BizCyber tiers:
- BizCyber I ($35/mo) — foundational data breach notification and cyber liability for small businesses.
- BizCyber II ($75/mo) — ransomware protection and forensic investigation for growing businesses.
- BizCyber III ($125/mo) — comprehensive cyber coverage with PCI compliance for mid-market companies.
- BizCyber IV ($200/mo) — maximum cyber protection with a full incident response team for enterprises.
For a personalized estimate based on your industry, revenue, and coverage limit, use the cyber insurance cost estimator.