Cyberattacks don’t send a calendar invite before they hit. One day you’re running payroll, the next you’re locked out and wondering why “ransomware” sounds scarier than a gator in your backyard. 🐊 (Side note, unrelated to cyber insurance....Go Gators!)
When a breach happens, costs pile up fast — data recovery, downtime, upset customers, legal headaches. That’s where cyber insurance can soften the blow. But here’s the catch: not every policy pays out the way you think. Many come with fine print that only kicks in if your IT house was already in order.
Think of it as coverage for digital disasters:
Data recovery + system restoration
Legal fees + fines
Customer notifications + credit monitoring
Business interruption losses
Even ransom payments (sometimes)
It won’t stop an attack, but it can help cover the cleanup.
Insurers aren’t in the habit of writing blank checks. Common reasons they say “nope”:
Weak or missing security controls
Outdated or unpatched software
No incident response plan
Poor documentation (or none at all)
Basically, if your digital locks were flimsy, don’t expect a payout.
To keep insurers happy (and your business safe), you’ll need:
Strong basics like MFA, backups, and endpoint protection
A clear incident response plan
Routine patching + updates
Employee training that goes beyond “don’t click sketchy links” (pro tip: they shouldn't click sketchy links!)
Regular risk assessments
At Knox Tech, we help small businesses in SWFL close those gaps so your insurance actually works when you need it. We make sure your IT and your policy are on the same page — so one hacker can’t throw your whole business off track.
Not sure where to start? We’ve got you.
👉 Contact Knox Technology today — and let’s build your plan before a potential cyber attack.