3 Essential Components That Are Needed to Fight Cyber Threats

With the advancement in technology, most businesses now have an online presence to reach their customers all over the world. However, with this new development comes the risks of hacking, data leakage, and other forms of cyberattack. Therefore, the importance of cybersecurity insurance cannot be overemphasized. Besides, businesses are also at risk of lawsuits for failure to provide adequate protection

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Why Your Startup Needs Cyber Insurance

A 2018 survey by Wombat Security found that more than 70% of the surveyed small and medium enterprises (SMBs) had suffered a phishing attack the previous year, 2017. On average, a startup requires about $120,000 to recover from an internet-based attack, says Kaspersky Labs. Unfortunately, with small businesses increasingly integrating information technology into their operation, it is virtually impossible to

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