small business cyber risk News

The average price tag for a business to recover after a cyber attack is $400,000, which can be fatal for small-and-medium-sized enterprises (SMEs), according to a report published by Chubb. This hefty cost of repairing the business and its reputation …

Small businesses are lagging behind larger companies in preparedness for attacks on their websites or computer systems. That’s the finding of a survey by Hiscox, an insurance company whose target market in the U.S. is small business. The survey released …