Cyber Insurance for SMBs

Forrester and Hiscox collaborated to create the fourth annual Hiscox Cyber Readiness Report.  The good news is that more firms are realizing the seriousness and adding additional security and cyber insurance. The report showed that while the number of firms reporting a breach is down (41% from 53%), the cost and intensity of criminal activity is much higher leading to larger losses.  Unfortunately a high level of preparedness is no guarantee that there will not be a breach but with each additional protection, you can lower the probability of an attack substantially.  

Full Hiscox Cyber Readiness report Here

We recommend both defense in depth and cyber liability insurance.  Let us know and we can review what protections you have and other security measures that can be added to go a step further.