Ransomware

Cyber Insurance Guide 2026: What Every Business Needs to Know

This article contains affiliate links. We may earn a commission if you purchase through our links, at no extra cost to you. I helped a small business owner navigate a ransomware attack last year. The encryption hit on a Friday night, the ransom demand was $85,000, and the recovery took three weeks. They had no cyber insurance. The total cost in lost revenue, forensics, and legal fees exceeded $200,000. That experience is why I now consider cyber insurance non-negotiable for any business handling digital data.