Do small businesses need to consider cyber liability coverage?
Absolutely! In fact, small business owners often have a much more difficult time recovering from a cyberattack than their larger counterparts. In 2019, 28% of data breaches involved small business victims according to the 2020 Data Breach Investigations Report from Verizon. Even more concerning is that nearly 60% of small businesses close their doors within six months of a cyberattack. We can help businesses of all sizes secure coverage for cyber liability insurance. We are happy to walk you through the different coverage forms available to find the best fit for you.