Phirelight Blog The Shortcomings of Cyber Insurance, and the Ugly Truth About Your Security Posture

If you work for a small-to-medium business (SMB), chances are you've heard of cyber insurance... No Love for the SMB In 2014, the Center for Strategic and International Studies announced a stifling statistic, stating that more than half of the U.S companies targeted in cyber attacks were in the small-to-medium sized business space. The larger multinational enterprises, though still a target, tended to have sophisticated protection for their attack surfaces, in-house security teams, and deeper pockets. This means that loss due to an attack wouldn't necessarily financially cripple the larger enterprise, but could ruin an SMB. The truth is that...The post The Shortcomings of Cyber Insurance, and the Ugly Truth About Your Security Posture appeared first on Phirelight.