Why Your Business Needs Cyber Insurance in 2026

Small businesses are the #1 target for cyberattacks. Learn why cyber liability insurance is no longer optional, what it covers, and what it costs.

Risk Management | 9 min read | 2026-01-20

43% of cyberattacks target small businesses. Most don't have cyber insurance. Here's what's at stake — including the fraud coverages most businesses don't know they're missing.

There's a persistent myth that hackers only go after large corporations. The reality is the opposite. According to Verizon's 2024 Data Breach Investigations Report, 43% of cyberattacks target small businesses. Attackers know that small companies have weaker defenses — no dedicated security team, outdated software, employees who haven't been trained to spot phishing emails, and often no incident…

In This Article

• Small Businesses Are the Primary Target
• First-Party vs. Third-Party: The Two Sides of Cyber Coverage
• The Coverage Gap Most Businesses Don't Know About: Cyber Crime
• Ransomware: The Claim That Changed the Market
• Pre-Breach Services: Your Policy Works Before an Attack
• Industries That Need It Most

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