Coverage Gap Concerns as Cyber Threat Grows
| posted in Blog, UncategorizedSmall and mid-sized businesses are increasingly bearing the burden of cyber threats, as criminals consider them low-hanging fruits that often do not have the resources in place to mount a strong defense. Having a solid cyber insurance policy in place is key, along with understanding what exactly your policy covers. A severe attack on a small company can incapacitate its ability to do business, and the expenses of getting operations back on track ― coupled with loss of goodwill ― can easily force many firms into bankruptcy. That’s why it’s important to not only have safeguards in place to avoid…
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