Forty-three percent of cybersecurity data breaches involve small businesses. The idea that only large companies are at risk of cyberattacks has been popular in the past, but only because they are most often reported on in the news. Instead, investigations such as Verizon’s Data Breach Investigations Report have found that small businesses are just as at risk (if not more so).
Cybercriminals will find weaknesses in any organization, contributing to a nearly $7 billion loss of revenue in the United States every year.
With more of our lives becoming increasingly digital, everyone within an organization is vulnerable to cyberattacks. To combat this, businesses of all sizes should consider investing in cyber insurance. From covering the costs of lawsuits and cyber extortion to offsetting the costs of a data breach, cyber insurance protects businesses against external threats.
This E-book will share a comprehensive cyber insurance overview, highlighting why businesses should invest in cyber protection and how to decide on the right insurance for their needs