The average cost of a data breach in the United States in 2020 was $8.64M. Considering the costs associated, it’s much more affordable to take the proper precautions to protect your network and data; a good cyber liability policy combined with next generation technology measures. As the Cyber market continues to harden and claims instances continue to rise, insurance carriers are making underwriting regulations much more stringent, while also increasing premiums and capping liability limits.