Think of cyber insurance like car insurance. You pay a monthly premium to safeguard yourself and your vehicle in case of an accident. A cyber warranty, on the other hand, is similar to your roadside assistance program or a dealership protection plan. It complements your car insurance by covering everyday issues, like a flat tire or a dead battery.

Cyber insurance typically addresses liabilities related to data breaches involving sensitive customer information. It can assist with expenses such as legal fees, data recovery, business interruptions, customer notifications, identity restoration, and crisis communication. Although it can be costly and involve a lengthy, complex application process, it generally offers high policy limits with significant deductibles.

Cyber warranty protection fills a crucial gap in financial security and often includes advanced technology to prevent and mitigate cyber threats. It usually covers recovery costs, incident response, or business interruption losses from certain cyber attacks. Specifically, our warranty is tailored to cover common cyber threats (like ransomware, phishing, and business email compromise) targeting small and medium-sized businesses. Unlike comprehensive cyber insurance, our warranty does not require a deductible, making it more affordable for smaller enterprises.

Think of a cyber warranty as the perfect partner to your cyber insurance policy. Much like a roadside assistance program enhances the benefits of your auto insurance, Cork is here to amplify your cyber protection. With Cork's cyber warranty, you're instantly covered for unexpected costs related to data recovery, business downtime, incident response, and other critical services—giving your business the extra layer of security and financial support it needs.

The security measures we use are built to deliver robust protection and minimize the risk of permanent data loss. A cyber warranty takes this a step further by adding an additional layer of financial protection for your business, covering losses from frequent threats like ransomware, phishing, and business email compromises. These advanced security tools also play a key role in underwriting your coverage, ensuring that claims are processed and paid quickly—often within just a few days.

Cyber crime has reached unprecedented levels, with the average attack costing small businesses around $300,000. Such staggering expenses could threaten the very survival of your business. For just a few dollars a day, a cyber warranty provides the financial safeguard you need to stay operational and resilient in the face of these growing threats.

We partner with Cork to seamlessly connect your current security tools to their platform. Once integrated, Cork's advanced risk monitoring system pinpoints potential vulnerabilities that attackers could exploit and works with your MSP to address them promptly. If a cyberattack does occur, Cork leverages real-time insights from your security setup to confirm that proper defenses were in place, ensuring a fast and efficient claims process—often resolving settlements in just a matter of days.

Our proactive approach is designed to significantly reduce your exposure to cyberattacks. However, if incidents like ransomware, business email compromise, or spear phishing do occur, we've got you covered. From business interruption losses to incident response services and more, we ensure your business has the financial support it needs to recover quickly.

After purchasing your cyber insurance and protection, you'll receive an email from us with the protection contract from Cork. To activate your coverage and enable the risk monitoring platform, simply review and accept the agreement. Once completed, the platform will start monitoring your security posture immediately.

The warranty agreement is valid for a one-year term, starting on the purchase date. However, it will only become active once you review, sign, and accept the agreement.

Cork tailors its program to offer a flexible, all-encompassing solution designed specifically for small businesses. Supported by top-rated reinsurance companies, it provides the peace of mind and reliability you need to protect your business with confidence.

In the event of a cyberattack causing financial loss, we'll handle the claim process for you. Once the claim is approved, Cork will transfer the funds directly into your account, ensuring you have immediate access to cover eligible expenses.