Small businesses are increasingly targeted by cyberattacks, yet many lack adequate cyber insurance, leaving them vulnerable to financial ruin. This article explores the risks and complexities of cyber insurance for small businesses and calls for clearer, more adaptable policies.
Climate change is forcing the insurance industry to rethink risk models, leading to innovative solutions but also highlighting a growing protection gap. As natural disasters become more frequent and severe, the sector faces both challenges and opportunities to foster resilience.
Small businesses often overlook the critical need for cyber insurance, leaving them vulnerable to devastating financial losses from data breaches and ransomware. Understanding and addressing this gap is essential for their survival in the digital age.
Small businesses often overlook the critical need for cyber insurance, leaving them vulnerable to devastating attacks. Understanding the risks and securing the right coverage can be the difference between recovery and ruin in the digital age.
Small businesses are increasingly targeted by cyber attacks, yet many lack adequate insurance coverage. With the average data breach costing over $200,000, this gap poses a significant risk. Education and tailored insurance products are key to bridging this divide.