How Business Can Transfer Cyber Risk

Question? Text our Studio direct.In this conversation, Jeff Severino and Nathan Borghardt discuss the importance of cyber insurance for small businesses. They share their background and approach to cyber insurance, emphasizing the need for risk transfer. They highlight 12 low-cost measures that small businesses can implement to reduce their cyber risk. The conversation also explores the costs and consequences of cyber attacks, the sophistication of cyber criminals, and the future of cyber insurance. The speakers stress the importance of engaging with insurance professionals and seeking education and resources to navigate the complex cyber insurance market. They emphasize the need to align with trusted professionals and continue to expand the market for cyber insurance.TakeawaysRisk Transfer is a Great Way to Approach your Cyber PlanningCyber insurance is a crucial risk transfer tool for small businesses.Implementing low-cost measures can significantly reduce cyber risk.The costs and consequences of cyber attacks can be devastating for small businesses.Engaging with insurance professionals and seeking education and resources is essential for navigating the complex cyber insurance market.Chapters00:00 Background and Approach05:18 Understanding Cyber Insurance as Risk Transfer06:12 12 Low-Cost Measures for Small Businesses15:23 Costs and Consequences of Cyber Attacks18:26 The Importance of Cyber Insurance20:46 The Sophistication of Cyber Criminals22:13 The Future of Cyber Insurance24:14 Engaging with Insurance Professionals30:30 Advice for Small Business Owners33:38 The Importance of Education and Resources35:47 Aligning with Trusted Professionals36:26 Continued Growth and Market Expansion Growth without Interruption. Get peace of mind. Stay Competitive-Get NetGain. Contact NetGain today at 844-777-6278 or reach out online at www.NETGAINIT.com   Support the show🔥New Special Offers! 🔥 Remove Your Private Data Online Risk Free Today. Try Optery Risk Free. Protect your privacy and remove your data from data brokers and more. 🔥No risk.🔥Sign up here https://get.optery.com/DMauro-CyberCrimeJunkies 🔥Want to Try AI Translation, Audio Reader & Voice Cloning? Try Eleven Labs Today 🔥 Want Translator, Audio Reader or prefer a Custom AI Agent for your organization? Highest quality we found anywhere. You can try ELEVAN LABS here risk free: https://try.elevenlabs.io/gla58o32c6hq 🎧 Subscribe now http://www.youtube.com/@cybercrimejunkiespodcast and never miss a video episode! Dive Deeper: 🔗 Website: https://cybercrimejunkies.com Engage with us on Socials: ✅ LinkedIn: https://www.linkedin.com/in/daviddmauro/ 📱 X/Twitter: https://x.com/CybercrimeJunky 📸 Instagram: https://www.instagram.com/cybercrimejunkies/

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