Cyber Insurance for SMEs in Germany 2025

Cyberattacks on small and medium enterprises (SMEs) are surging. The cyber insurance market is booming in 2025. Here's what coverage includes, what it costs, and which providers stand out.

Why SMEs Need Cyber Insurance

• 43% of cyberattacks target SMEs
• Average damage: 200,000 EUR per incident
• 60% of affected SMEs close within 6 months after a major attack
• GDPR requirements increase liability

Coverage

Coverage	Details
Data breaches	Notification, forensic investigation costs
Business interruption	Lost revenue, extra costs
Ransomware	Coverage after insurer coordination
Legal costs	Attorney and court fees
Crisis communication	PR consulting
IT forensics	Attack analysis, restoration

Costs 2025

Company Size	Annual Premium
Freelancer	from 200 EUR
1–10 employees	from 500 EUR
11–50 employees	from 1,500 EUR
51–250 employees	from 5,000 EUR

Provider Comparison

Allianz Cyber Protect

Target: SMEs 10+ employees. 24/7 crisis hotline. From ~800 EUR/year.

HDI Cyber Insurance

Target: trades and mid-market. Good value. Prevention consulting included. From ~500 EUR/year.

Hiscox CyberClear

Target: freelancers, small businesses. Easy online purchase. Employee cyber training included. From ~300 EUR/year.

Prerequisites

Most insurers require: antivirus, weekly backups, firewall, employee training, patch management, password policy with 2FA.

Crisis Communication

During a cyberattack, normal IT may be compromised. With LOCK.PUB, communicate securely even in crisis:

• Create password-protected memos for sensitive information
• Share links via iMessage — independent of compromised company IT
• Coordinate crisis response through a secure channel

Conclusion

Cyber insurance is no longer optional for SMEs in 2025. Costs start at 500 EUR/year. Compare Allianz, HDI, and Hiscox, and ensure your IT security meets insurer requirements.

Use LOCK.PUB as a secure communication alternative during incidents — password-protected and independent of your potentially compromised company IT.