Stop Buying Ransomware Insurance Wrong (What You Actually Need)

#RansomwareInsurance #CyberInsurance #BusinessInterruption
Ransomware insurance isn’t just about paying hackers, it’s about covering the real costs that come after an attack: legal support, forensic investigations, system restoration, lost revenue, and more. If your policy only covers the ransom, you're dangerously underinsured.

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In this video, Gordon Coyle breaks down the true costs of a ransomware event and the hidden gaps in most cyber liability insurance policies. You'll learn how to evaluate your current policy, understand what coverage you really need, and how to avoid costly mistakes before it's too late. From business interruption and forensic investigations to legal counsel and vendor limitations, this is a must-watch for any business owner relying on technology to operate.

⏱️ Chapters
00:00 – Ransomware Insurance Isn't About Hackers
00:30 – What Ransomware Coverage Actually Includes
01:10 – Anatomy of a Ransomware Attack
01:47 – Hidden Costs Most Buyers Miss
02:20 – Business Interruption: The Silent Killer
02:50 – Building Better Cyber Insurance Coverage
03:27 – Real-Life Claim Breakdown (Case Study)
04:15 – Key Policy Nuances You Need to Know
05:05 – The Coyle Group’s Smarter Approach
05:36 – Your Cyber Policy Gut Check
06:13 – Final Takeaway & How to Get Help


Whether you're reviewing your cyber policy or building one from scratch, this guide gives you a framework to build smarter protection around your business.