1 Verizon 2017 Data Breach Investigations report
2 Stats Canada – Impact of cybercrime on Canadian businesses, 2017; Released 2018-10-15
3 IBM Ponemon Institute’s Cost of Data Breach study, 2017
*first-party cyber coverage: covers consequences that impact your business operations, including expenses related to incident response, data recovery, business interruption, and extortion.
**third-party cyber coverage: covers consequences that impact a third-party (such as customers or vendors), including costs related to network security and privacy liability, internet media liability, and regulatory expenses.