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When security fails, cyberinsurance can become crucial for ensuring continuity. Cyber has changed everything around us – even the way we tackle geopolitical crisis and conflicts. If the technology were to become unavailable, the resulting business impact could be mitigated with cyberinsurance.
Businesses in every industry face complex cyber risk, particularly the millions of small and midsize companies comprising much of Acrisure’s client base. Studies indicate approximately 43% of cyberattacks are aimed at smallbusinesses. However, only 14% of smallbusinesses are prepared to defend themselves.
This is especially true for your existing intrusion detection and prevention system (IDPS), antivirus, and anti-malware. Only 38% of state and local government employees are trained for ransomware prevention, and only 29% of smallbusinesses have experience with ransomware ( IBM ). Bitdefender : Bitdefender Antivirus Plus.
Cybersecurity is often overlooked by smallbusiness, but over 60% of cyber attacks are targeted at small to medium-sized businesses. Smallbusinesses are attractive to hackers because they usually do not have the sophisticated security systems that are in use by larger organizations.
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