Cyber Crime and Small Businesses: Why Cyber Liability Insurance Matters

Cybercrime is no longer just a big-business problem. Increasingly, small businesses are becoming prime targets for cybercriminals who know these organizations may lack the same level of IT security as larger corporations.
Insuring Your Business Against Cyber Liability
According to one study done by the US Small Business Administration, 88% of small business owners feel their business is vulnerable to a cyber attack. These concerns may be well-founded: according to another study, 61% of all small businesses have reported at least one cyber attack in the past year