It’s a common misconception that storing data in the cloud automatically protects it from cyber threats. Many people assume that by using cloud storage services like Dropbox, Google Drive, or iCloud, their data is somehow safer than if stored locally on their computer or phone.
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Recent statistics show that a business falls victim to a ransomware attack every 14 seconds. Individuals and families aren’t immune either, with identity theft impacting more than 14 million Americans each year.
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With more precious data and fewer cyber defenses than large corporations, small businesses can no longer assume they are immune to hackers.
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Gone are the days when cybersecurity insurance was just another item on the wish list. Now, it’s a must-have in the digital age, especially for insurance agencies that handle heaps of sensitive data. It’s time to prove you’re worth the risk to insurers by meeting a set of requirements.
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