Cyber Insurance for Small Businesses: You're a Bigger Target by Being Small
Manage episode 510213113 series 3453049
It's Cybersecurity Awareness Month and we invite insurance agents to listen to this episode to get their small business clients prepared.
In this episode, Ashleigh Burden and Eder Ribeiro discuss the critical importance of cybersecurity and cyber insurance for small businesses. They explore common misconceptions about small business security, the impact of cyber incidents, and the necessity of having adequate cyber insurance coverage. Eder shares insights from his extensive experience in incident response and emphasizes the need for small businesses to take cybersecurity seriously. The conversation also touches on the evolving regulatory landscape and the partnership between Coterie and TransUnion to make cyber insurance more accessible for small businesses.
Learn more about TransUnion:
https://www.transunion.com/lp/cyberscout-explainer
linkedin.com/company/transunion
Learn more about Coterie Insurance:
https://coterieinsurance.com/insurance/cyber-insurance-for-small-businesses/
https://coterieinsurance.com/blog/5-reasons-your-clients-need-cyber-insurance/
Timeline:
00:00 - 01:54: Introductions
01:54 - 04:42: The Myth of Small Business Security
04:42 - 06:36: Common Cyber Attack Vectors for Small Businesses
06:36 - 09:59: Impact of Cyber Incidents on Small Businesses
09:59 - 12:06: Trends for Agents and Brokers in Cyber Insurance
12:06 - 13:53: Regulatory Landscape for Small Businesses
13:53 - 16:49: Making Cyber Insurance Accessible
16:49 - 18:59: Understanding Cyber Insurance Coverage
18:59 - 23:03: Key Takeaways for Cybersecurity Awareness Month
cybersecurity, cyber insurance, small business, cyber attacks, incident response, insurance agents, regulatory compliance, risk management, TransUnion, Coterie
64 episodes