Early this year, a report was published which showed that 65% of the
total global businesses are not well equipped to prevent email based
cyber-attacks. For any serious company, this report should be of real concern
because it can affect just about anyone.
The report, named 'Mimecast Business Email Threat Report 2016: Email
Security Uncovered' was based on an extensive survey carried out on 600 IT
security professionals. This survey showed that a huge 65% of the world's
businesses were susceptible to cyber-attacks through emails. As a matter of
fact, one-third of the respondents were of the opinion that emails are no
longer as safe as they used to be. The question left for all business owners -
both big and small - to answer is: Are you willing to put your company in this
65%?
Saying No to such a question should go beyond words. While not all
businesses can afford the level of cyber security that is used by the remaining
35%, all businesses can avail itself to the coverage of a good Cyber insurance.
Cyber insurance, although nascent, is fast becoming one of the faster growing
markets in the world. This is because businesses are no longer ready to play by
the sidelines but are geared towards participating actively.
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