Cybersecurity Insurance Market

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Question ^*

What specific aspects of Cybersecurity Insurance are most important to you? (Rank the top 3 in order of importance. 1= Most important, 3 = Least Important)

1. Incident Response Costs (e.g., forensics, legal)

2. Data Recovery Costs

3. Business Interruption Losses

4. Notification Costs

5. Reputational Damage Mitigation

6. Legal Defense Costs

7. Regulatory Fines and Penalties

8. Ransomware Negotiation and Payment

9. Other (Please specify)

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Question ^*

What is your biggest barrier to purchasing Cybersecurity Insurance?

1. Cost

2. Lack of understanding of coverage

3. Difficulty in assessing risk

4. Complexity of the application process

5. Uncertainty about claims payout

6. I don't see a need for it

7. Other (Please specify)

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Question ^*

What are your top 3 cybersecurity concerns for your business?

1. Data breaches/ Ransomware

2. Business Email Compromise (BEC)

3. Supply chain attacks

4. Insider threats (intentional or unintentional)

5. Distributed Denial of Service (DDoS)

6. Compliance violations (e.g., GDPR, HIPAA)

7. Reputational damage

8. Other (Please specify)

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Question ^*

What existing cybersecurity measures do you have in place? (Select all that apply)

1. Firewall/Intrusion Detection System

2. Antivirus/Antimalware Software

3. Employee Security Awareness Training

4. Multi-Factor Authentication (MFA)

5. Data Encryption

6. Regular Security Audits/Penetration Testing

7. Incident Response Plan

8. Data Backup and Recovery System

9. None

10. Other (Please specify)

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Question ^*

What level of financial risk from a cybersecurity incident are you most concerned about?

1. $0 - $10

2. 000

3. $10

4. 001 - $50

5. 000

6. $50

7. 001 - $100

8. 000

9. $100

10. 001 - $500

11. 000

12. $500

13. 001 - $1

14. 000

15. 000

16. Over $1

17. 000

18. 000

19. Unsure

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