Statistics show that over 50% of cyber attacks target small businesses, causing an average loss of $32,000. Over 60% percent of uninsured cyber victims do not recover.
A Cybersecurity Insurance policy from Bey can help.
When it comes to data breach incidents, it’s true that large organizations tend to get all the headlines. Back-to-back news articles shed awareness on enormous cyber crime vulnerabilities and losses. This often results in the public believing that small organizations are immune from these risks. Many individuals and small businesses have a mindset that “it won’t happen to me”. However, industry statistics indicate the contrary. Small businesses are being attacked at alarming rates, in part, due to the relative ease of theft and abuse. And while large organizations get all the attention when a data breach or cyber event occurs, small businesses remain the most susceptible to these catastrophic events.