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WebAug 24, 2024 · Cyber liability insurance covers the cost for a business to recover from a data breach, virus, or other cyberattack. It also covers legal claims resulting from the … WebMar 27, 2024 · This means that your cyber insurance cost will depend on the type of business you run and the level of cyber risks you are exposed to. A recent study performed by AdvisorSmith Solution Inc. found that the average cyber insurance cost in 2024 was $1,500 per year for $1 million in coverage, with a $10,000 deductible. prince william county utilities
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