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With cyber attacks, especially ransomware attacks that are on the rise, cyber insurance has become more important in helping keep small businesses safe. It is estimated that 43% of cyber-attacks are aimed at small businesses, but only 14% of small businesses are ready to defend themselves.
A small business is hacked roughly every 19 seconds, and 25% of small businesses filed for bankruptcy protection after a data breach. These numbers highlight how small businesses are at higher risk from cyber threats.
95% of data breach incidents are caused by employee mistakes, which shows the lack of cybersecurity awareness among many working professionals. Human error and software vulnerabilities are constant threats to a business’s security operation.
Although nearly half of cyberattacks affect small businesses, many are unaware of the risk, simply because cyber incidents often go unreported at small businesses.
Your service is our priority. Your dedicated account manager is ready to serve your insurance needs. As your needs change, we’re here to help you every step of the way.
We take your claims as serious as you do. It’s our goal to help you reduce insurance costs through workers’ compensation claims management.
CoverEase helps provide education and training on cyber safety topics to help keep your customers and employees safe.
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