Scott Alldridge

So that's the kind of stuff that now smaller businesses, back then it was more of the bigger targets because...

you know, there's a bigger payday, but they'll, they'll take small paydays.

Now, if you, if you can send them a, you know, half a million dollars of Bitcoin, they can get that out of you.

Also statistically, you know, 40 some percent of businesses that, you know, get a hack or a breach in a serious way, actually go out of business within a year.

Wow.

Four out of 10, which is crazy.

Matter of fact, in that same thing, not to just fit, you know, statistics, but it's just kind of interesting that not only going to business, but a lot of companies are relying on, on cybersecurity insurance and,

Well, they're saying, well, you know, we're pretty good.

I've been told we're good, but if we get hacked or something bad happens, I've got good cyber insurance.

That has changed.

The last three years, the cyber insurance world has gotten really smart.

And now their fine print and their policies are calling out

certain cybersecurity controls or, you know, tools that you must have in place.

So they're basically saying if you don't have these things that are actively monitoring your network for cyber and so forth, they will actually not pay.

So I think I was 40 some percent also of cybersecurity claims got denied last year.

Holy crap.

And it's growing this year.

So a lot of people, businesses, you know, are just saying, well, I've got great cyber, but be careful.

You should have that cyber insurance and policy reviewed.

You should be taking a look at what the fine print says because they're getting smart because they're having to pay out so much and people weren't doing anything about their cybersecurity.