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.
Small businesses often overlook the critical need for cyber insurance, leaving them vulnerable to financial ruin from data breaches and attacks. This article explores the risks, the insurance industry's response, and why awareness is key to protection.
Small businesses often overlook the critical need for cyber insurance, leaving them vulnerable to attacks that can be financially devastating. Understanding the gaps in coverage and how to address them is essential for survival in today's digital landscape.
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.