Despite their size, small businesses face big risks – among them cyber liability. With cybercrimes – from identity and payroll theft to phishing scams and cryptojacking – on the rise, business owners with an online presence are increasingly vulnerable.
Whether involving customers or employees, cybercrimes can be costly and inconvenient, which is why cyber liability insurance is imperative. Coverage can help pay for losses, both first and third party, as well as myriad costs from litigation and forensic investigation to business interruption and income loss.
Feeling proactive? Consider risk assessment and cyber security training tools designed to prevent becoming a victim.
Read more here.
– Hannah Van Sickle, The 100 Companies