Cyberattacks can lead to financial and reputation issues and can impact your members. Cyber insurance and risk mitigation are critical to help associations prepare and protect against the effect of cyber-attacks including data incidents. According to IBM’s Cost of a Data Breach Report 2023, 51% of organizations are planning to increase security investments as a result of a breach, including incident response (IR) planning and testing, employee training, and threat detection and response tools.
To effectively manage risks, we recommend that associations purchase cyber insurance as an add-on to their policies. ASAE Business Solutions vetted providers, Aon Affinity Nonprofits and AXIS Capital, have proven cyber experience and add-on policies to protect you from cyber-related liabilities.
Cyber Security Checklist (PDF) - security tips, developed by the Department of Homeland Security, to assist business managers in assessing and improving their cyber security plans and procedures.
Cyber Coverage Descriptions & Availability Summary (PDF) – review areas of impact and coverage available.
Visit Aon Affinity Nonprofits, or contact Aon's Michelle Evans at
800-432-7465 ext. 5398 or michelle.evans@aon.com.