Insurance Post

Cybercrime threat overlooked by majority of SMEs

A hacker committing cyber crime on a laptop

Concern over cybercrime exposure is rising among SMEs but the rate is still low, with just 8% of firms worried about such attacks and 17% thinking they're too insignificant to be targeted.

A Zurich survey of 3000 c-suite executives in 15 countries found theft of customer data was the most concerning cyber risk for SMEs, followed by damage to reputation.

Malaysian, Turkish and American

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