Why Small Businesses Should Get Cyber
Insurance: Benefits For Gilbert Companies
While you’re off enjoy your summer vacation, Insurance Brokers of Arizona
want to remind you that a hacker’s favorite season is phishing season, and it
runs all year round!
That’s why the insurers have
released their new video ‘Is Cyber
Insurance Worth it?’. It explains
what cyber insurance covers and
addresses the key reasons why
businesses need it.
According to Cybercrime
Magazine, cybercrime now
inflicts more than $6 trillion USD
of damages annually, with this
figure set to rise by 15% to
$10.5 trillion by 2025.
Small businesses are now the
target of 70% of cybercrimes
and the average cost of an
attack is $55,000, due to the
need to pay for professional
services and the cost of
downtime.
Insurance Brokers of
Arizona's video is for you if
you run a company that
deals with sensitive data,
like dates of birth, credit card
numbers, or social security
numbers.
In the current climate of hackers, ransomware, and malicious software
infections, it is very easy for your business’ sensitive data to become
compromised.
That's why you need a licensed cyber insurance agent who understands cyber
risks and can identify the coverage your business needs to protect itself from
this threat.
Go to https://youtu.be/5L-
zkRyHas0 to find out more.