If you own a small business that handles or stores sensitive data, you’re a potential target for cyber attacks. According to the U.S. Small Business Administration (SBA), 88% of businesses like yours may be exposed to such attacks largely for the lack of adequate network security. Having cyber liability insurance for your small business can […]
Some cyber liability insurance policies offer first-party protection, while others provide third-party liability coverage. Since your business can face either risk, it’s critical that you understand the difference when evaluating your cybersecurity postures and coverage requirements. Let’s delve deeper into the topic. What are First-Party Cyber Risks? First-party cyber risks are hazards or perils that […]