Every type of small business, regardless of industry, needs to be aware of the dangers of cybersecurity threats. Cybercriminals are constantly modifying their techniques, which means it’s more important than ever to have a cybersecurity plan and coverage.
If you’re a small business, you might think cybercriminals would rather target a larger company. This is far from true. In fact, nearly three-quarters (73%) of US small business owners reported a cyber-attack last year, with employee and customer data most likely to be targeted in data breaches, according to the Identity Theft Resource Center (ITRC).
To protect small business owners from cyber losses, Frederick Mutual offers Cyber Suite Insurance through our partners at The Hartford Steam Boiler (“HSB”). HSB Cyber Suite is a comprehensive cyber insurance program designed to provide protection from a wide range of cyber risks for small to mid-sized enterprises. HSB has extensive experience and expertise in cyber risk and HSB Cyber Suite coverages are designed to keep pace with the evolving cyber risk landscape. To learn more about the CyberSuite product offering that is keeping pace with the cyber industry please visit www.frederickmutual.com/cybersuite-insurance.
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