If your business or organization uses electronics, it's at risk for a cybersecurity breach.

As hackers threaten businesses and governments, nationally and locally, many organizations are turning to insurance for protection.

Getting hacked is a huge fear for any organization that uses electronics. All it takes is opening a bad email.

Now insurance companies are offering policies to help pay for ransoms and cybersecurity attacks.

And cyber attacks can be expensive, from ransom costs to replacing data and even penalties.

"There are fines and penalties in a lot of cases, there are notices you have to send out to everyone that gets their information shared by your hack," Tucker Compton with Brock Insurance Agency explained.

In Walker County, the Water and Sewerage Authority was hacked last November.

No personal information was stolen, but a representative said they paid the $8,000 ransom to get information back. It only cost them a $2,500 deductible. The rest was paid by insurance.

"The basic sense of insurance, what it's there to do is stop you from going under and make it so you don't have to have a large unexpected expense," Compton explained.

According to the Ponemon Institute, a data research agency, 61 percent of small businesses reported having cyber attacks.

In the Tennessee Valley, Brock Insurance Agency is seeing an increase in clients getting cybersecurity coverage.

"It's pretty much everyone needs it in one capacity or another," Compton said.

He said in the case of a data breach, insurance can mean the difference in a local company going under or continuing to operate.

"It can save your business and your livelihood," Compton said.

If a company with this type of insurance is hacked, their first step is to contact their provider.

It's up to the provider to decide if a ransom should be paid or if other steps should be taken.

Not all insurance companies offer this type of policy. You should check with your provider.