| | Cyber crimes at well known companies make big news: | | 2013 | | A credit card breach at Target is estimated to have compromised as many as 110 million customers. | | 2014 | | Malware was installed on Home Depot's network and information on 56 million payment cards were stolen. | | 2017 | | A data breach at Equifax resulted in the theft of 145.5 million consumer's personal data. | | 2019 | | Capital One admitted that Social Security numbers, banking transactions, balances, and credit scores were stolen. 106 million were affected. | | | | | But cyber attacks are also a growing threat for small businesses as well because they tend to lack the security infra- structure most large companies have. The cost of cybercrimes reached $2.7 billion in 2018 alone according to FBI estimates. Businesses need protection against compu- ter data loss and restoration. Reputational insurance. Business interruption. Forensic investigation. Extortion coverage. If you're writing cyber, you won't want to miss Insurance Journal's CYBER ISSUE. | | ▸ Reserve Your Space Now | | | | |
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