Tag: difference between cyber and general liability insurance
Cyber Liability vs General Liability Insurance for SMEs: Key Differences, Cost, Data Breach Coverage & Do You Need Both?
October 2024 | Per the U.S. National Association of Insurance Commissioners (NAIC, .gov), Grant Thornton 2023, and FBI 2023 Internet Crime Report, 35% of U.S. SMEs carry no cyber coverage, leaving them exposed to $130,000 average per-attack losses. This premium vs counterfeit models buying guide breaks down cyber liability vs general liability insurance for SMEs,