In recent years, cyberattacks have become increasingly common and sophisticated. This is especially true for small and medium-sized businesses (SMBs), which are often seen as easy targets. As a result, cyber insurance is becoming increasingly important for SMBs.
Cyber insurance can help SMBs recover from a cyberattack by covering the costs of:
Data recovery
Ransomware payments
Business interruption
Legal fees
Regulatory fines
If you are an SMB owner, we encourage you to learn more about cyber insurance and see if it is right for your business. There are many resources that our agency can offer to help your business grow.