small business

Blumira and Trava Security Partner to Help SMBs Manage Cybersecurity Risks

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Blumira and Trava Security have announced a strategic partnership aimed at helping small-to-midsize businesses (SMBs) manage cybersecurity challenges, such as limited budgets, insufficient cyber-skilled training among employees, and the steadily growing number of cyber-attacks. The rise in cybercrime has led many companies to invest in cybersecurity software. However, smaller businesses often struggle to access sophisticated … Read more

Cybersecurity for Small Businesses: A Must-Have in Today’s Digital World

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In the cybersecurity battlefield where size matters, small and medium businesses (SMBs) are taking the brunt of relentless ransomware assaults. Shockingly, these nimble enterprises are three times more likely to be in the crosshairs of cybercriminals compared to their larger counterparts. The toll? A staggering $2.4 billion in losses was incurred by SMBs in 2021 … Read more

biBERK Business Insurance Unveils Essential Guide to Cyber Insurance for Small Businesses

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In the face of escalating cyber threats, biBERK Business Insurance urges every business owner to confront the risk of cyberattacks head-on. With cybercriminals employing sophisticated methods such as phishing, ransomware, MITM attacks, and brute force attacks, small businesses are not immune. You can find a link to their full guide, a very good primer, at … Read more

Who’s Paying the Most for Cybersecurity Insurance? Advisor Smith reports Highest Cyber Insurance Premiums by Industry, Plus State Info 

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Good summary, linked at bottom, from @ElanaAshanti based on detailed research from Adrian Mak @AdvisorSmith. We view the data as indicative/directional due to cohort of companies* analyzed (see below). Top 5 industries by cost of cyber insurance* for a small business, according to Advisor Smith analysis: Payment Processing $2,449 Financial Services (other) $2,429 Investment Services … Read more

Embroker Offers New Cyber & Crime Business Insurance Products; Its Survey Shows Small Biz Underinsured for Cyber

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“(A)” sizable portion of small business owners think they are less at risk for such (cyber) attacks. According to a forthcoming study conducted by Embroker, 63 percent of small business owners believe they are unlikely to face a ransomware attack. The same study showed that only 28 percent of these business owners have coverage for … Read more

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