Cyber breach or Data Breach is on the rise.  More and more data is being transferred daily and is susceptible to invaders.    See below some good information on cyber Attacks and ways you can insure your company to protect intruders.  Travelers Insurance Cyber Essentials provides extensive coverage at an affordable price.By Fox BusinessIn light of the growing number of high-profile cyber-attacks hitting tech and financial institutions across the country, the U.S. House Small Business Subcommittee on Health and Technology held a hearing Thursday on the topic of " Protecting Small Businesses Against Emerging and Complex Cyber-Attacks."A recent study cited by the subcommittee chairman, Rep. Chris Collins, (R-NY), found though more than three-quarters of small businesses believe their companies are safe from hackers, 20% of all cyberattacks hit small businesses with 250 or fewer employees.While major corporations like Facebook and many big banks seem to easily bounce back from their reported tech infiltrations, according to the same study, nearly 60% of small businesses will shutter within half a year after being victimized by cybercrime.Dan Shapero, a CompTIA member and the founder of IT company ClikCloud, was one of the professionals testifying at the hearing. Shapero said the average cost of a data breach is $6.75 million total and $214 per compromised customer record, which could potentially send a small business into bankruptcy.Jobs and revenue losses are not the only effects of these attacks. In Collins' opening statement, he cited a report by the Office of National Counter Intelligence Executive, which found billions of dollars of trade secrets, intellectual property and technology are being stolen each year by countries such as China and RussiaCyberFirst Essentials – Small Business is a new product available across all business segments which offers Information Security Liability and Breach Essentials, two popular products that bundle both 1st and 3rd party coverages. This means liability coverage for a claim or suit when the insured fails to protect identity information from being accessed, and reimbursement for expenses incurred by the insured as a result of a security breach, i.e. costs to notify affected individuals as well as credit card monitoring.Available through 2nd Gen TravelersExpress® for Master PacSM with just a few simple underwriting questions, this product is available for quote-to-issue for all your package business. Because it is not an endorsement on your commercial general liability policy, your clients will benefit from separate coverage limits should they experience a cyber loss.With a wide range of limits and competitive pricing, CyberFirst Essentials - Small Business is a simple solution that offers extensive coverages that small businesses need.