Cyber attacks are growing in both frequency and sophistication. With growing dependence on the digital world come more opportunities for cyber criminals, leading to a 358% rise in malware attacks in 2020 compared to 2019, explains a cyber crime statistics report by AAG. The report states 2021 also saw a 125% global increase in cyber […]
In 2021, 82% of ransomware attacks were against companies with fewer than 1000 employees, while 61% of small-to-medium enterprises (SMEs) in total were the target of a cyber attack, explains StrongDM. For SMEs, it can be easy to overlook Cyber Insurance as one of the core Insurance products necessary for business protection. In reality, this […]
According to Accenture’s cybercrime study, around 43% of cyber attacks are targeted at small to medium sized enterprises (SMEs). SMEs also accounted for 58% of all reported attacks in 2020, explains Astra. Despite this, many small businesses believe they are not at a great risk of attack. Any business, regardless of size, can fall victim […]