Think cyber insurance is just for big companies? Or that your IT provider will handle any breach? These common myths can leave your business exposed. Our free one-page guide clears up the most frequent misconceptions, so you can make informed decisions about your cyber risk strategy.
Executive Summary
This guide tackles some of the most common myths surrounding cyber insurance, and explains why relying on these assumptions could leave your business at risk.
Myths addressed include:
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“I’m too small to be targeted”
Reality: SMEs are increasingly targeted because they’re often less protected. -
“Our IT provider will sort everything”
Reality: IT support helps fix issues, but they don’t cover legal, regulatory, or financial fallout. -
“We don’t hold sensitive data”
Reality: Email accounts, payment details, and personal information all count as data. -
“Cyber insurance won’t pay out”
Reality: Reputable insurers pay valid claims and offer expert-led support during incidents.
Why it matters:
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Believing myths can delay response and increase losses in the event of a breach
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Understanding what cyber insurance really offers helps businesses build resilience
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The right policy complements your technical defences and support teams
Perfect for SMEs, finance directors, and decision-makers looking to demystify cyber insurance.
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