Cyber Insurance Calculator

This calculator estimates a cyber liability premium by starting from a base rate of $1,500 per $1 million of Annual Revenue, then multiplying that base by four risk factors: how many sensitive records you store, your security maturity, your industry's typical exposure, and how large a coverage limit you're buying. Annual Revenue is floored at $100,000 for this calculation's purposes, representing a minimum premium baseline -- Annual Revenue entries from the declared minimum of $50,000 up to $100,000 all price identically, since insurers typically apply a minimum premium regardless of how small the business is. Records Stored moves in steps rather than continuously -- the risk multiplier jumps from 1.0x at under 10,000 records to 1.3x, 1.8x, and finally 2.5x at the 1 million+ tier, since insurers price large PII/PHI holdings as a much bigger single-incident liability, not a proportionally scaling one. Security Posture applies a matching multiplier from 0.7x (strong: MFA, encryption, staff training) up to 2.0x (weak), reflecting that underwriters price weaker security as meaningfully higher risk.

Industry applies its own fixed multiplier -- healthcare (1.8x) and finance (1.6x) price highest, reflecting the regulatory and breach-notification exposure those sectors carry, while manufacturing (1.0x) prices lowest. Estimated Breach Cost is a SEPARATE calculation from the premium: it multiplies your records stored (capped at 100,000 for this estimate) by $164 per record, a fixed reference figure matching IBM's 2022 Cost of a Data Breach Report average cost per compromised record (subsequent IBM reports have put the figure somewhat higher, so treat this as a conservative, not current, estimate). Notably, Estimated Breach Cost does not factor in your Security Posture or Coverage Limit at all -- it's a flat records-based exposure estimate meant to help you judge whether your chosen coverage limit is adequate, not a premium input.