Risks Ahead. Cyber Risk – Midsize business owners/executives view data breach as a minor risk.
Cyber Risk – According to Hartford’s Midsize Business Monitor, midsize business owners/executives viewed data breach as a minor risk.
According to Hartford’s Midsize Business Monitor, midsize business owners/executives responded as follows regarding cyber risk:
- 82% view data breach as at least a minor risk
- 81% report storing sensitive data
- 68% believe they are at least somewhat likely to experience a phishing incident in the next three years
- 45% experience a phishing incident in the past three years
- 43% experienced a data breach in the past three years
- 32% view data breach as a major risk
When there is risk ahead, you can count on KMRD Partners Risk and Insurance Solutions for a common sense approach to risk management and transference through insurance coverage. KMRD Partners structured risk management process provides clients a competitive advantage, reducing their cost of risk while improving their operational efficiency.
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Please contact your KMRD Partners relationship manager or e-mail us at contactus@kmrdpartners.com to review your insurance policies before one minute from normal strikes.
