Small businesses face significant cyber risks, yet many lack adequate insurance coverage. Misunderstandings about existing policies leave them vulnerable to financial and reputational damage. Cyber insurance is essential, but navigating options requires education and expert advice.
Small businesses are increasingly targeted by cybercriminals, yet many lack adequate cyber insurance. This gap in coverage can be devastating, with over 60% of small businesses folding within six months of a major cyberattack. Understanding and addressing this vulnerability is...
Small businesses are dangerously underinsured against cyber threats, a gap that could prove fatal in the digital age. Despite the growing risk, many lack the coverage needed to recover from an attack, highlighting a critical need for education and more...
Small businesses face significant risks from cyber threats, often unaware that general liability insurance doesn't cover cyber incidents. With over 60% folding post-attack, the need for specialized cyber insurance is critical. Yet, understanding policy details and meeting security prerequisites remain...
The insurance industry is navigating a maze of emerging risks, from cyber threats to climate change, forcing a reevaluation of traditional models. Insurers are innovating with new products and technologies, but challenges around privacy, bias, and underinsurance remain. The adaptation...