Small businesses often overlook the critical need for cyber insurance, leaving them vulnerable to devastating financial losses. Understanding the nuances of cyber policies and the evolving threats is essential for safeguarding their future.
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Small businesses face significant risks from cyberattacks, yet many lack adequate insurance coverage. This article explores the gaps in cyber insurance for small businesses, the challenges in obtaining coverage, and potential solutions to protect these vital economic players from digital...
Small businesses often overlook the critical need for cyber insurance, leaving them vulnerable to devastating breaches. Understanding policy details and evolving threats is key to securing the right coverage and safeguarding their future.
Small businesses are dangerously underinsured against cyber threats, with over 60% lacking coverage. The rising sophistication of attacks makes this gap a critical vulnerability, highlighting the need for tailored cyber insurance and robust security measures to mitigate financial risks.