One of the most challenging issues facing companies today is cybersecurity. Just look at the recent high-profile businesses, such as Equifax, Uber, Target, etc., that have been attacked. But what many companies don’t realize is that cybersecurity risks and insurance to transfer those risks, isn’t just for big business.
We were pummeled by cyber attacks this year, so many that it’s been called the “Year of the Hack.” Just in the first half of the year alone, we saw a huge number of hacks, breaches, and ransomware. And it wasn’t just the big guys getting hit.