Why Small Businesses Can't Afford To Ignore Cyberinsurance

Invisible threats to small businesses (and what to do about them)

Cyber crime is on the rise – and it isn’t reserved for the biggest businesses out there. New government research reveals half of small firms have reported a cyber threat in the last 12 months. The Cyber Security Breaches Survey 2025 also found the average total cost of a breach or cyber attack for a small business in the UK is £7,960.  Now small businesses are being urged by the government to step up their security protections as ‘no business is…

Why Small Businesses Can't Afford To Ignore Cyberinsurance

This week in cybersecurity from the editors at Cybercrime Magazine Sausalito, Calif. – Feb. 19, 2026 –Read the full story in Charter Capital Three out of five small-to-midsized businesses (SMBs) permanently shuttered their doors within six months of being hit by a data breach or hack, Cybercrime Magazine reported in its first annual cybercrime report six years ago. Recent cybersecurity statistics indicate the SMB market remains vulnerable: Four…