Cyber-attacks on SMEs create an opportunity for insurers

The health and social work sector have been one of the most directly and heavily impacted by COVID-19

Cyber-attacks on SMEs create an opportunity for insurers. Source: pixabay.com

GlobalData has found that the uptake of cyber insurance among SMEs remains low at just 12.7%. The report suggests insurers to target middle-market companies who at the most risk.

SMEs operating in healthcare, manufacturing, real estate, and education have been reported as being under increased threat.

The research indicates that cyber insurance uptake is lowest within the health and social work sector, with 25.9% holding cyber insurance coverage.

We’ve reported that the number of cyberattacks on healthcare systems will be rising since the hospitals are shifting to digitalization and remote patient care.

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