Over half of SMEs across Singapore, Hong Kong and Australia experienced a cyber incident over the last year, according to Chubb’s recent SME survey, but many still underestimate just how significantly an attack can cripple their income and day-to-day operations.
According to Chubb’s cyber underwriting manager Andrew Taylor, the insurance and brokerage industry plays a significant role in bringing this awareness to clients reluctant to see the value in cyber-related products, and in placing a strong emphasis on preventing such attacks from happening in the first place.
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