The Importance of Cyber Liability Insurance for Your Business Many businesses assume that once they’ve purchased a business owner’s policy (BOP) or commercial general liability (CGL) insurance, they’re well shielded from all possible risks their business may face. What they fail to account for is the cybersecurity risks their businesses may be facing that can…
7 Ways Employees can Invite Hackers into Your Network The threat of a cyberattack for businesses is growing by the day. According to research, the rate of attacks on businesses has increased from an attack every 14 seconds to an attempt every 11 seconds. It’s estimated that these attacks cost businesses about $20 billion. The…
Complying with Cyber Liability Insurance Requirements More businesses are facing growing cybersecurity threats. Data shows that in 2022, cyberattacks were the biggest concerns for companies, exceeding natural disasters and business and supply chain disruptions. That’s because the cost of a cyberattack can be expensive and financially damaging for most organizations. Research shows that 83% of…
Business Growth Through IT Infrastructure for Medium-Sized Enterprises Robust IT infrastructure is becoming increasingly crucial in running modern businesses. Data shows that companies that persistently invest in technology enjoy 2.6 times more returns than their peers. The advantages that these businesses enjoy that promote business growth include more value to the customer, data-driven decision-making, less…