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The untold risks of cyber insurance gaps in small businesses

Small businesses often overlook cyber insurance, leaving them vulnerable to financial ruin from data breaches. This article explores the critical gaps in coverage, the real risks of going uninsured, and how small businesses can navigate the complex world of cyber...

Insurance

The untold risks of cyber insurance gaps in small businesses

Small businesses often overlook the need for cyber insurance, mistakenly believing their general liability coverage suffices. This gap leaves them vulnerable to the financial ruin a data breach can cause. Understanding and navigating the complexities of cyber insurance is crucial...

Insurance

The untold risks of cyber insurance gaps in small businesses

Small businesses often overlook the importance of cyber insurance, leaving them vulnerable to attacks that can be financially devastating. Understanding policy details and working with specialized brokers can bridge this gap, turning a potential risk into a manageable aspect of...

Insurance

The untold risks of cyber insurance gaps in small businesses

Small businesses are dangerously underestimating their vulnerability to cyberattacks, with less than a quarter having cyber insurance. Misunderstandings about coverage and the complexity of policies leave many exposed to financial and reputational ruin. Navigating this gap requires a tailored approach...

Insurance

The untold risks of cyber insurance gaps in small businesses

Small businesses are increasingly targeted by cyberattacks, yet many lack cyber insurance, leaving them vulnerable to financial ruin. Misconceptions about cost and coverage contribute to this gap, despite the availability of tailored policies. Addressing this issue is critical for their...