It is highly likely that you are familiar with the cyberattacks various businesses experience on a somewhat regular basis. It is an unfortunate fact that any company with a website and sensitive data is a target to hackers.
Cyber protection insurance is the best way to guard yourself against potentially business-ending losses due to cybercrime. Many business owners make the mistake of believing that their business is small and unlikely to be the target of a cybercriminal. However, the latest data show that a little over 58 per cent of data breaches hit small businesses.
A cyber protection insurance policy will protect you and your business against various liabilities, the cost of shutting your business to fix the problem, legal defence, and cyber extortion.