Tag: Cyber liability insurance for third party vendor risk

Third-Party Vendor Cyber Liability Insurance for Small Businesses & SMEs: 2024 Complete Guide to Coverage, Costs, Vendor Data Breaches & Supply Chain Cyber Attack Protection

Per 2024 National Association of Insurance Commissioners (NAIC), Cybersecurity and Infrastructure Security Agency (CISA), and National Federation of Independent Business (NFIB) data, 30% of all U.S. SME cyber claims stem from third-party vendor breaches, up 12% year-over-year. This 2024 buying guide breaks down Premium vs Counterfeit Models of third-party vendor cyber liability insurance for small