With online attacks aimed at businesses increasing exponentially in recent years, more and more companies are looking at purchasing cyber-liability insurance, which explicitly covers losses in the event of a cyberattack.For a long time, many small- and mid-sized businesses (SMBs) eschewed purchasing this type of insurance, believing that cyber criminals targeted only big companies. However, as more of these black-hat hackers move downstream to what they see as easier pickings, SMBs must consider whether this type of risk protection is necessary, and how it might help.“Cyberattacks and data breaches are expensive and increasingly common, particularly for a small business like ours,” says Barb
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