Small to mid-sized businesses in the United States show more concern about cyber crime, including losing customer data, than similarly-sized businesses elsewhere in the world, according to a new survey from Zurich Insurance Group.
The survey also revealed that only three percent of those businesses feel they have the security measures in place to combat cyber crime.
“As the holiday shopping season approaches, we see that U.S. businesses of all sizes are taking the threat of cybercrime more seriously,” said Bryan Salvatore, president of specialty products for Zurich North America. “This is good news, because understanding the severity of risks is the first step toward creating resilience for businesses and their customers. While only three percent of U.S. businesses think they have proper IT protections and infrastructure in place, this self-awareness puts them in the driver’s seat to address their cyber vulnerabilities.”
This story in an excerpt of the original. The content originally appeared in Cyber Front Page News.
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Erin is the managing editor of Advisen’s Front Page News. She has been covering property-casualty insurance since 2000. Previously, Erin served as editor-in-chief of The Standard, New England’s Insurance Weekly. Erin is based in Boston, Mass. Contact Erin at [email protected].
