data breach insurance cost increase
Cuts 37% Data‑Breach Costs With Commercial Insurance
Commercial insurance can lower a small-business data breach expense by roughly 37%, mainly through bundled cyber policies, deductible management, and NIST-aligned risk controls. In 2024, the U.S. Small Business Administration reported that data-breach costs for a typical 100-employee firm rose 37% year over year, underscoring the urgency of robust