Cork Cyber Insurance Policy Analyzer Empowers MSPs to Simplify SMB Cybersecurity

Cybersecurity Tops the List of SMB Concerns in 2024

When it comes to small businesses, the biggest threat might not be the competition, it may well be the clicks they didn’t see coming. According to the 2024 (Q1) MetLife and U.S. Chamber of Commerce Small Business Index, cybersecurity ranks as the top concern for small businesses nationwide, with 60% of small businesses highlighting it as their most pressing issue. Another report proves this is a warranted worry. That research found that data breaches cost small businesses between $120,000 and $1.24 million, a potentially devastating financial blow. SMB cybersecurity is a paramount issue.

Cork Launches AI-Powered Cyber Insurance Policy Analyzer

Responding to these critical cybersecurity concerns, Cork Protection has launched its Cyber Insurance Policy Analyzer. The AI-driven tool aims to streamline the complex process of evaluating cyber insurance policies, specifically helping managed service providers (MSPs) serve small and mid-sized businesses (SMBs).