{"id":999961334,"date":"2022-05-24T18:50:15","date_gmt":"2022-05-24T13:20:15","guid":{"rendered":"https:\/\/f60host.com\/support\/?p=999961334"},"modified":"2022-05-24T18:50:15","modified_gmt":"2022-05-24T13:20:15","slug":"cyber-insurance-essential-for-small-business","status":"publish","type":"post","link":"https:\/\/f60host.com\/support\/cyber-insurance-essential-for-small-business\/","title":{"rendered":"Is Cyber insurance essential for your small business?"},"content":{"rendered":"\n
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Small firms are more vulnerable to cyber threats. Here are some things to think about when deciding whether you need cyber insurance<\/strong> and what kind to buy. <\/p>\n\n\n\n

The number of cyberattacks has increased dramatically in recent years, fueled by the COVID pandemic <\/strong>and the crisis in Ukraine<\/strong>.<\/p>\n\n\n\n

With enterprises disrupted by the virus and many employees working from home, cybercriminals<\/strong> were ready to profit\u2014in fact, according to Microsoft<\/strong>, threats surged elevenfold in the week following the World Health Organization’s public announcement of the pandemic in February 2020.<\/p>\n\n\n\n

Do you need cyber insurance?<\/h2>\n\n\n\n

A company’s risk can be analyzed using a framework like ISO\/IEC 27002 or the NIST Cybersecurity Framework<\/strong>, which not only clarifies regulations but also makes negotiating with insurance easier.<\/p>\n\n\n\n

With supply chain attacks<\/strong> on the rise, companies doing business with larger companies should be aware of the risks.<\/p>\n\n\n\n

Threat intelligence gathered by Cyble extends beyond arm’s length, including the Dark Web, Deep Web, and Surface Web. This allows businesses to see all vulnerabilities<\/strong> in real-time.<\/p>\n\n\n\n

According to Ben Carey-Evans, insurance analyst at GlobalData, the necessity for robust cybersecurity and cyber insurance is becoming clear to organizations of all sorts and sizes as the frequency and severity of cyberattacks<\/strong> continue to rise.<\/p>\n\n\n\n

COVID-19 has also resulted in a lasting shift in the way firms and customers operate, with remote working patterns projected to remain and higher use of digital consumer channels than before the epidemic.<\/p>\n\n\n\n

In the future years, this long-term shift in behavior will drive demand for commercial cyber insurance and, to a lesser extent, personal cyber insurance<\/strong>.<\/p>\n\n\n\n

Indeed, cyber insurance is rapidly growing in popularity, rising from 26% of all insurance customers in 2016 to 47% by 2020.<\/p>\n\n\n\n

Cyber insurance for your small business is one of the important things you should do<\/p>\n\n\n\n

Cyble<\/h2>\n\n\n\n

Cyble<\/a> is an ideal security tool for organizations that demand high-security<\/strong> standards or deal with sensitive information.<\/p>\n\n\n\n

To identify risks, it employs artificial intelligence (AI) and real-time threat intelligence. You’ll be able to reduce the impact of threats and identify recovery options in no time.<\/p>\n\n\n\n

Cyble has a tool on its website that can tell you if your account has ever been hacked<\/strong>. <\/p>\n\n\n

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Protect your business against emerging dangers and deny your competitors new opportunities. Combine intelligence from the dark web, deep web, and surface web<\/strong> to create a complete picture of your organization’s external threat landscape.<\/p>\n\n\n\n