05/21/2025
Let's talk Cyber Insurance! 💻
Hackers don’t just target big companies—small to mid-size businesses are hit all the time, and a single cyberattack can cost thousands or even close the doors. Check out the statistics:
*43% of cyber attacks target small businesses. Hackers are increasingly turning their attention to smaller companies as they often lack comprehensive cybersecurity defenses.
*60% of small businesses that experience a cyber attack go out of business within 6 months. The lack of resources to recover is a significant issue.
*Only 20% of small businesses perform regular vulnerability assessments. Many companies don’t proactively identify security gaps.
*The average cost of a small business data breach in 2025 is $120,000. This figure includes lost revenue, legal fees, and recovery efforts.
*Ransomware costs small businesses an average of $35,000 per incident. Many business owners feel forced to pay up to regain access to their own systems.
*Recovering from a phishing scam costs small businesses approximately $70,000. This includes lost productivity and customer mistrust.
If you’re unsure about your Cyber Insurance coverage, your business could be at risk. No stress—I’m here to help! Reach out for a free review of your cyber insurance. I’ll check for gaps and find a plan that protects your business without costing a fortune. Let’s keep those hackers out!
As a Commercial Insurance Advisor, with 9 years industry experience, I serve small to mid-size businesses across the Carolinas.
Specializing in tailored coverage for businesses, I combine expertise with a personal touch to protect what matters most!