Tag: cyber liability insurance for retail SMEs
PCI DSS Compliant Cyber Insurance for Retail Shops & SMEs: 2024 Guide to Coverage, Costs, POS & Customer Payment Data Breach Protection
Per 2024 PCI Security Standards Council (PCI SSC), National Retail Federation (NRF), and IBM 2024 Cost of a Data Breach Report, 72% of U.S. small retail shops face $120,000+ in out-of-pocket costs after a payment breach if they carry generic coverage. This 2024 updated, PCI SSC verified, NRF endorsed buying guide breaks down premium PCI