60% of all online attacks target small or medium-sized business¹
60% of small businesses close within 6 months of an attack²
The average cost of a breach for a small business is $36,000³
Breach Insurance is designed to protect small and medium-sized businesses from the financial and logistical fallout of a data breach.
While not all breaches can be prevented, the damage they cause can be. And the damage shouldn't be taken lightly: almost 60% of small businesses close within 6 months of an attack². With 60% of all online attacks targeting small or medium-sized business¹, you need to have your guard up. That's what McAfee SECURE breach insurance is for: it guards you against the worst effects of a data breach, ensuring that your business can continue to thrive—no matter what is thrown your way.
What You Get
$100k in coverage Use that money to conduct a forensic exam, pay fines and assessments, upgrade your hardware and software, and notify your customers.
Big coverage for the little guys We've engineered this insurance specifically for the needs of Level 2-4 merchants like you—not the online giants.
Digital and physical protection Whether you suffer a breach from network hacking or third-party theft of your physical hardware and records, we've got you covered.
Security after the breach To prevent future events, merchants are eligible to expense items like credit monitoring, and identity theft education for employees.
Who qualifies for breach coverage?
McAfee SECURE Breach Insurance is available for Level 2-4 merchants, regardless of the merchant's PCI compliance status, provided the merchant account has not already suffered a data compromise.
How does it work?
It's simple. In the event of the breach, you'll file a claim and be put in contact with breach experts, who will help you assess the damage and determine the next steps.
Depending on your situation, that may include conducting a forensic exam, notifying customers, replacing compromised cards, upgrading hardware and software, and paying out any necessary fines or compensation.
The cost of these steps will be covered by your breach insurance.
How much does it cost?
McAfee SECURE Breach Insurance costs $49 per year.
* Insurance provided by North American Data Security Risk Purchasing Group. TrustedSite, operators of the McAfee SECURE service, has the sole role of facilitating access to the Program by providing MID reporting and payment services for customers in connection with provision of this and other services. See Sample Policy