Small businesses and cybercrime: A recipe for modern insurance Owning a small business isn't for everyone. It's a risky adventure that takes passion, energy and nerve. With the rise of cybererime today, the risks small businesses face are not just new; they're more complex and detrimental to uptime and productivity. Which begs the question: Is your small-to-medium-sized business (SMB) insurance insurance policies over the last few years. Here's why: Cybercrime is projected to cost the world S6 trillion by 2021, and cybererimi nals have found a sweet spot-small businesses which, accounted for 58 % of eyberattacks in 2019. Ready for another scary statistic? After ex periencing a cyberattack, 60 % of small businesses are unable to stay in business past six months. plan protecting you from today's modern risks? Most insurance plans for SMBS cover property income and liability claims. Any customization beyond those factors depends on specific needs and wants related to technology, location, trans- portation, people, service area and the nature of the work itself. Technology is one area, however, that has significantly changed small business With all this data to support the prevalence and detriment of cybercrime within the SMB commu nity, business owners have come to rely on the protection of cyber liability coverage. Ready to rethink your small business insur- ance policy? At GMG, we provide small business insurance designed for the risks and complexities of today's modern world. We are an independ ent insurance and risk management firm, known GMG for uncompromised coverage. To build a custom small business insurance plan, contact us at 800- 540-7900, contact@gmgins.com or visit GMGins com Submitted by GMG Insurance Agency Insurance Agency Small businesses and cybercrime: A recipe for modern insurance Owning a small business isn't for everyone. It's a risky adventure that takes passion, energy and nerve. With the rise of cybererime today, the risks small businesses face are not just new; they're more complex and detrimental to uptime and productivity. Which begs the question: Is your small-to-medium-sized business (SMB) insurance insurance policies over the last few years. Here's why: Cybercrime is projected to cost the world S6 trillion by 2021, and cybererimi nals have found a sweet spot-small businesses which, accounted for 58 % of eyberattacks in 2019. Ready for another scary statistic? After ex periencing a cyberattack, 60 % of small businesses are unable to stay in business past six months. plan protecting you from today's modern risks? Most insurance plans for SMBS cover property income and liability claims. Any customization beyond those factors depends on specific needs and wants related to technology, location, trans- portation, people, service area and the nature of the work itself. Technology is one area, however, that has significantly changed small business With all this data to support the prevalence and detriment of cybercrime within the SMB commu nity, business owners have come to rely on the protection of cyber liability coverage. Ready to rethink your small business insur- ance policy? At GMG, we provide small business insurance designed for the risks and complexities of today's modern world. We are an independ ent insurance and risk management firm, known GMG for uncompromised coverage. To build a custom small business insurance plan, contact us at 800- 540-7900, contact@gmgins.com or visit GMGins com Submitted by GMG Insurance Agency Insurance Agency