Cyber Liability Calculator

Use our free and anonymous Cyber Liability Calculator to estimate the financial impact to your business from a cyber incident. This is a key first step in gaining confidence in your insurance coverage.

Gain confidence in your cyber insurance coverage

Knowing your total cyber liability is a key first step for insurance. In conducting an insurance review for a client, we found that their policy limits were less than 10% of the potential costs involved in a breach. Your business needs to ensure that coverage and premiums correctly match your risk profile.

Cyber Liability Calculator FAQ’s:

The calculations in this calculator use a variety of sources, including:

When a range has been provided, we set the calculation to the lowest value of the range to be conservative.

Use this calculator to estimate loss. Results should not be taken as actual calculated loss or cyber liability.

Results include ransom demand, ransom payout, downtime cost, remediation cost per industry statistics, potential ransomware cost. It also includes email fraud cost, 1st-Party liability, number of Personally Identifiable Records, 3rd-Party liability, legal costs associated with 3rd-Party Liability and more.

In conducting a cyber insurance review for a client, we identified that their policy limits were less than 10% of the potential costs involved in a breach. The client’s insurance agent had sold them a policy available without knowing how to quantify cyber risk.

So, we created this calculator for businesses estimate the potential financial impact from a cyber incident.

Cyber Liability is the responsibility of the damage from cyber threats or breaches involving computer systems and data. That can include sensitive customer information, such as credit card numbers, Social Security numbers, account numbers and driver’s license numbers.

Cyber liability insurance covers the damage that your business suffers because of a cyber security breach. It is also known as cybersecurity insurance or cyber risk insurance.

When working with clients to submit applications for Cyber Insurance, we often hear that they don’t understand the terminology on the application form. For anyone who has found themselves in this situation, read our Cyber Insurance Terms Debunked blog.

Related: How Cyber Insurance Works

Chat with our team and include what you want to focus on from your estimated results. Further, don’t forget to send the results to your email (bottom of the results page) to have handy!