Industry-Specific Resources for Smart Cyber Insurance Policies


What are the Benefits of a Smart Cyber Insurance® Policy?

 

Cyber threats are growing year over year, impacting organizations ranging from small and midsized businesses to enterprises. Attacks have continuously become more sophisticated, and every business, regardless of size or industry, can be a target.

Strong cyber liability coverage and risk management practices are now essential. On this page, you’ll find downloadable PDFs with information about cyber risk and cyber insurance specific to industry verticals. Each includes claims examples, coverage limits, relevant metrics, and more to help aid in your search for the right Smart Cyber Insurance® policy.

 

Download Smart Cyber Benefits PDF

[SMART INSURANCE DIAGRAM] What Are the Benefits of a Cyber Insurance Policy?

 

Top Industries Targeted by Cybercriminals

Cyber risks and exposures from data breaches or ransomware attacks impact organizations and businesses in numerous ways. The resources below highlight the top industries targeted by cybercriminals and include detailed claims examples, policyholder benefits, and coverage limits.

[WHY BUY ICON] Accountant & CPAs

Accountants + CPAs

Rapid technology adoption has enabled high efficiency and cutting-edge services, coupled with an increased risk of cyber threats.

Claims Examples + Policy Highlights 

[WHY BUY ICON] Banks & Financial Institutions

Banks + Financial Institutions

Financial data carries a particularly high value to cybercriminals due to the confidential information connected to customer accounts.

Claims Examples + Policy Highlights 

[WHY BUY ICON] Biotech & Pharma

Biotech + Pharma

With valuable data and research, biotech and pharmaceutical companies are popular targets for hackers and cybercriminals.

Claims Examples + Policy Highlights 

[WHY BUY ICON] Construction & Contractors

Construction + Contractors

The adoption of web-connected tools has rapidly grown across the construction industry, but so has the risk of cyber incidents. 

Claims Examples + Policy Highlights 

[WHY BUY ICON] Healthcare & Hospitals

Healthcare + Hospitals

Healthcare is one of the most often targeted industries because of the sensitivity of PHI and the high stakes of critical IT systems.

Claims Examples + Policy Highlights 

[WHY BUY ICON] Law Firms & Legal Personnel

Law Firms + Legal Services

Businesses in the legal field regularly handle high volumes of sensitive client data, making them prime candidates for cyber attacks.

Claims Examples + Policy Highlights 

[WHY BUY ICON] Logistics, Distribution & Warehousing

Logistics, Distribution, + Warehousing

Digital solutions for logistics and business operations have opened the door for new and challenging cyber risks.

Claims Examples + Policy Highlights 

[WHY BUY ICON] Manufacturing Firms

Manufacturing

As the shift towards automation continues across manufacturing, these companies offer threat actors a high-value target.

Claims Examples + Policy Highlights 

Want more helpful cyber content? Check out the Corvus Resource Center

Search by resource type and topic to find the right videos, whitepapers, webinar recordings, and product sheets to fit your specific needs.

View Our Cyber Resource Center

Other Industries Targeted by Cybercriminals

The risks and cyber exposures from a cyber incident vary significantly across industries and business sizes. Answer any industry-specific questions your clients may have with the cyber insurance coverage resources below!

[WHY BUY ICON] Auto Dealerships

Auto Dealers

85% of auto dealerships reported suffering a
cyberattack or data breach between 2018 and 2020.

Download PDF

[WHY BUY ICON] Hotels + Hospitality

Hotels + Hospitality

Every day, hundreds of thousands of guests check
into hotels across the globe. That's a lot of data...

Download PDF

[WHY BUY ICON] Insurance Agencies

Insurance Agencies

The insurance sector saw a hefty 13% increase in
ransomware attacks during Q1 of 2022.

Download PDF

[WHY BUY ICON] Membership Organizations

Membership Organizations

The reputational damage from a cyber incident can devastate clubs and associations. 

Download PDF

[WHY BUY ICON] Municipalities + Government Organizations

Municipalities + Governments

Governments have become disproportionate
targets of cyberattacks.

Download PDF

[WHY BUY ICON] Nonprofit Organizations

Nonprofit Organizations

Nonprofits handle large quantities of sensitive information from their clients, donors, and partners.

Download PDF

[WHY BUY ICON] Oil + Natural Gas Firms

Oil + Natural Gas

Between 2018 and 2021 alone, sectors utilizing Industrial Control Systems (ICS) saw a 500% increase in ransomware attacks.

Download PDF

[WHY BUY ICON] Real Estate Firms

Real Estate

The real estate sector has increasingly adopted technology to help in their everyday operations, putting them at greater risk for cyber attacks.

Download PDF

[WHY BUY ICON] Retail Firms

Retail

Ransomware threats spiked in 2021, with 44% of all retail organizations experiencing an attack. 

Download PDF

[WHY BUY ICON] Restaurants, Bars + Taverns

Restaurants, Bars, + Taverns

Restaurants, bars, and taverns saw a 1300% increase in data breaches during the 2020 fiscal year.

Download PDF

[WHY BUY ICON] School District + Educational Institutions

School Districts + Education

On top of disruptive school shutdowns, educational institutions paid an average of $112,435 per ransom in 2021.

Download PDF

[WHY BUY ICON] Staffing Agencies

Staffing

Staffing agencies are prime targets for hackers due to the sheer amount of client-based personal information kept on record.

Download PDF

Threat Intelligence Updates

 

Our Threat Intel blog is where you'll find our weekly (or more frequent!) updates on ransomware attacks and critical infrastructure vulnerabilities, alongside cybersecurity recommendations from the Corvus Threat Intel team and CISO Jason Rebholz.

 

View Our Threat Intel Blog

[ICON] Corvus Threat Intelligence Updates

Eligibility for such programs is determined when you apply for coverage. Policy quotes, terms and conditions, and premiums are made in accordance with Corvus Insurance’s underwriting guidelines. The policy, not general descriptions or material within this document, will form the contract between the insured and our insurance carrier partners. Coverage may not be available in all jurisdictions.

Get in Touch

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If you’d like to notify Corvus of a claim, please email claims@corvusinsurance.com.

 

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