Cybersecurity for small businesses

By: Surex Insurance-Burlington
 
BURLINGTON, Ontario - Nov. 27, 2019 - PRLog -- Cybersecurity for small businesses

Living in the age of the Internet of Things, our information lives online and businesses regularly conduct transactions online. This leaves data at risk of cyber attacks and to be used against Internet users. Vulnerability is exploited, especially for small businesses. According to IBC Canada: 1 fifth of businesses have been affected by a cyberattack or data breach in the last 2 years and according to the National Cyber Security Alliance, approximately 60% of small businesses that suffer breaches (https://www.surex.com/blog/worldwide-cyber-breach-highlights-importance-of-insurance-coverage) will go out of business within the year. It's more important now than ever for small businesses to take the proper measures to ensure the safety of their customers' data and to prevent any cyber instances from happening.

What is cybersecurity?

These days, cybersecurity is characterized by three challenges: increasingly complex enterprise networks, connected infrastructure, and the faster pace at which new attacks emerge.

Cyber-attacks in the insurance sector are growing exponentially as insurance companies migrate toward new technologies in an effort to create tighter customer relationships, offer new products and expand their business. Expanding networks and continuous deployments of new technologies- from legacy local infrastructure to cloud-based service has not only to help to grow our business but also expanded the attack surface and introduced new entry points for malicious attackers to exploit.

Read the full story here: https://www.surex.com/blog/cybersecurity-small-businesses

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Tags:Insurance
Industry:Insurance
Location:Burlington - Ontario - Canada
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