Imagine a business owner facing the aftermath of a devastating fire, their physical assets destroyed and their operations halted. Cyber insurance acts as a safety net, providing financial protection against the unforeseen consequences of cyber attacks. And just as insurance protects businesses from physical disasters, cyber insurance safeguards against financial losses and reputational damage caused by data breaches, ransomware attacks, and other cyber threats. Investing In Cyber Insurance Small businesses need to carefully evaluate their cyber insurance options while considering the level of coverage, exclusions, and potential deductibles. By investing in cyber insurance, small companies can mitigate the financial impact of cyber attacks and ensure their continued operations. Five "Must Have" Security Controls To Be Considered Insurable: These are the minimums insurance companies want to see: Multi-Factor Authentication (MFA): You probably have seen this before....
A cybersecurity knowledge base for small business