Cybersecurity Insurance: What is it & Does my Business need it?

cybersecurity insurance

As a small business owner, you are exposed to many forms of insurance. From property insurance to workers’ compensation insurance, there’s no shortage of ways you can protect your business from accidents and damage to your property and assets.

However, you may still be left exposed to serious financial loss if you are not protecting the Internet side of your business from cyber risks.

With the constant threat of cybercriminals, a single data breach can cost you tens of thousands of dollars (if not more). This is why it is so important to look further into what is known as business cyber insurance.

It’s a new term, but with your growing reliance on the Internet, it is essential to properly educate yourself on business cyber insurance and how it can protect you and your business.

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