Small Business Plan
Your Small Business Faces Big Threats
A data breach is one of the biggest threats not being addressed by business owners today.
Considering 73 percent of small businesses experience a cyber attack, it will most likely happen to you. Unfortunately, not being aware of the consequences associated with a data breach and reacting poorly puts you at risk of losing thousands of dollars, if not your entire business. Response36 has the knowledge, experience and expertise to help you start your protection today. We have an affordable solution for small businesses just like yours. Our plan is delivered through an easy to use online platform.
One Comprehensive Plan for Your Small Business
Must Have: 49 or Less Employees • 1-3 Physical Locations
For companies with 49 or less employees and 1 to 3 locations, risk protection of $100,000 (after the first $1,000)* pays for data breach reaction services along with governmental fines & penalties, and card association monetary assessments.
What is a Data Breach?
A data breach is the intentional or unintentional release of personal, sensitive information to an untrusted environment. This can either be your customers’ information or your employees’ information. With laws in all 50 states and federal laws defining what is considered a data breach and what you must do to be compliant, First Watch has the solutions to help you react quickly and accurately when a breach occurs.
This is a Serious Risk
• Thieves target small businesses because they lack the security budgets of big companies. In fact, 63 percent of data breaches are at companies with fewer than 100 employees. A data breach to a small to midsize company on average costs $38,000.
• 50% of Small Business’ have been breached in the past 12 months according to the Ponemon Institute.
• A critical BBB report shows half of all small businesses couldn’t stay profitable more than a month if they lost critical data.
It’s not a matter of if, but when.
Approximately 50 percent of small companies were breached in the last 12 months. If you cannot answer yes to all of these questions, then you are not prepared.
1. Do you know there are laws in all 50 states and federal law that obligate companies to adequately prepare and compliantly respond to data breaches?
2. Have you adopted a Written Information Security Program (WISP) as required by law?
3. Do you have a written data breach response plan in place when your breach defenses are defeated?
4. Are you legally compliant and adequately protected for data breaches?
5. Are you actively training employees about data breach security?
*FWT Risk Protection benefits are backed by an insurance policy issued by a member company of American International Group, Inc. (AIG) to FWT. Purchasers of the Small Business Plan receive this benefit from FWT and are not insured under the insurance policy. The description herein is a summary and intended for informational purposes only and does not include all terms, conditions and exclusions of the benefits described. Please refer to the Summary of Benefits for details.