Instant Cyber Liability Solutions Await Fintech Service Pros
Real-World Examples and Pricing
Many fintech companies have already benefited from instant cyber liability solutions. For example, a small fintech startup recently avoided significant financial loss by having a policy in place when a cyberattack occurred. The insurance covered legal fees and customer notification expenses, allowing the company to continue operations with minimal disruption.
Pricing for cyber liability insurance varies based on factors such as company size, revenue, and the level of coverage required. On average, small to medium-sized fintech firms can expect to pay between $1,000 and $7,500 annually for comprehensive coverage1. However, it’s crucial to compare policies and providers to find the best fit for your specific needs.