{"id":188832,"date":"2026-02-19T08:42:00","date_gmt":"2026-02-19T13:42:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/02\/19\/why-small-businesses-cant-afford-to-ignore-cyberinsurance\/"},"modified":"2026-02-19T08:50:10","modified_gmt":"2026-02-19T13:50:10","slug":"why-small-businesses-cant-afford-to-ignore-cyberinsurance","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/02\/19\/why-small-businesses-cant-afford-to-ignore-cyberinsurance\/","title":{"rendered":"Why Small Businesses Can&#8217;t Afford To Ignore Cyberinsurance"},"content":{"rendered":"<p><a href=\"https:\/\/cybersecurityventures.com\/why-small-businesses-cant-afford-to-ignore-cyberinsurance\/\">Why Small Businesses Can&#8217;t Afford To Ignore Cyberinsurance<\/a><\/p>\n<p><a href=\"https:\/\/cybersecurityventures.com\/why-small-businesses-cant-afford-to-ignore-cyberinsurance\/\">https:\/\/cybersecurityventures.com\/why-small-businesses-cant-afford-to-ignore-cyberinsurance\/<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-02-19 08:42:00<\/a><\/p>\n<p>Source Domain: <a href=\"cybersecurityventures.com\">cybersecurityventures.com<\/a><\/p>\n<p>Author: <a href=\"\"><\/a><\/p>\n<p> Using an unordered list, summarize the following article with between 4 and 8 key points.<br \/>\nThree out of five small-to-midsized businesses (SMBs) permanently shuttered their doors within six months of being hit by a data breach or hack, Cybercrime Magazine\u00a0reported in its first annual cybercrime report six years ago.<br \/>\nRecent cybersecurity statistics indicate\u00a0the SMB market remains vulnerable:<br \/>\nFour out of five small businesses were victims of a security or data breach last year, Tech Xplore reports;<br \/>\nEmployees of small businesses experience 350 percent more social engineering attacks than those at larger enterprises, StrongDM reports;<br \/>\nHalf of all SMBs say it took them 24 hours or more to recover from a cyberattack, according to StrongDM;<br \/>\nMore than three-quarters of small businesses say their breach cost them at least $250,000, according to the Identity Theft Resource Center, and an unprecedented 37 percent say they lost more than $500,000;<br \/>\n88 percent of ransomware attacks target SMBs, per Viking Cloud.<br \/>\nSMBs can\u2019t afford to ignore cyberinsurance, a variety of coverages designed to protect businesses from financial losses related to cyber incidents, which are not typically covered under traditional business insurance plans.<br \/>\nCharter Capital, America\u2019s leading invoice factoring company for more than 20 years, breaks down\u00a0the various types of cyberinsurance coverage available to SMBs\u00a0\u2013 including cyber theft, data breach response, business interruption, ransomware and extortion, network security and privacy liability, regulatory defense and penalties, and media liability.<br \/>\nRead the Full Story<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Why Small Businesses Can&#8217;t Afford To Ignore Cyberinsurance https:\/\/cybersecurityventures.com\/why-small-businesses-cant-afford-to-ignore-cyberinsurance\/ Publish Date: 2026-02-19 08:42:00 Source Domain:&#8230;<\/p>\n","protected":false},"author":1,"featured_media":188833,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/cybersecurityventures.com\/wp-content\/uploads\/2024\/02\/blogphoto9.jpg","fifu_image_alt":"","footnotes":""},"categories":[15],"tags":[30,24,29],"class_list":["post-188832","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cybersecurity","tag-breach","tag-cybersecurity","tag-network-security"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/188832"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=188832"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/188832\/revisions"}],"predecessor-version":[{"id":188834,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/188832\/revisions\/188834"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/188833"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=188832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=188832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=188832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}