Cyber Modelling: Bridging Exposure Gaps for SMBs

Thursday, 19 September 2024, 12:14

Cyber Modelling is crucial for SMBs to address their exposure gaps. This article explores how small and medium businesses can tackle the current limitations in cyber CAT modelling, which now reflects that they represent 45% of market exposure. Key strategies and insights are provided to help transition from vulnerability to resilience.
Insurancebusinessmag
Cyber Modelling: Bridging Exposure Gaps for SMBs

Understanding Cyber Modelling Limitations

Cyber Modelling plays a pivotal role in assessing risk for SMBs. Despite representing 45% of the cyber market exposure, many small and medium businesses inadequately mitigate these risks. This gap can lead to significant vulnerabilities.

Strategies for SMBs

  • Evaluate current models: Regular assessments can unearth flaws in existing cyber models.
  • Invest in technology: Upgrading systems to cutting-edge solutions can enhance resilience.
  • Training: Strengthening cyber awareness and skills within teams is vital.

By focusing on these areas, SMBs can mitigate their exposure and better navigate the cyber landscape.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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