As cyber threats continue to evolve and become more sophisticated, businesses must take proactive steps to protect themselves from potential attacks. One such step is to invest in cybersecurity insurance.

The Benefits of Cybersecurity Insurance

Cybersecurity insurance provides financial protection in the event of a cyber-attack or data breach. This type of insurance typically covers costs associated with data recovery, legal fees, and damage to a company’s reputation.

Alarming Statistics and Small Business Vulnerability

Did you know that the average cost of a data breach in 2020 was $3.86 million, as reported in IBM-s Cost of a Data Breach Report 2020? This represents a 1.5% increase from the prior year. Furthermore, small businesses are not immune to these threats. In fact, 43% of cyber-attacks target small businesses.

Investing in cybersecurity insurance can provide financial protection in the event of a cyber-attack. However, it’s important to note that insurance alone is not enough. Businesses must take proactive steps to secure computer systems and data.

A Zero-Trust Approach with TruGrid

At TruGrid, we believe that a zero-trust approach to security is key to protecting your business from cyber threats. Our cloud-based remote access solution uses a zero-trust model to ensure that every access request is verified and authenticated before granting access to resources.

If you’re interested in learning more about how TruGrid can help secure your business and protect against cyber threats, please click the button below to schedule a demo.

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