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California Leads Nation in SMB Cyber Insurance Adoption, Report Shows
Aug 6, 2019
California leads the nation in small to mid-size business cyber insurance adoption, according to a report released on Tuesday by CyberPolicy.
The report shows the highest annual premium in the state totaled more than $16,596, while the lowest annual premium was just $34, and that SMBs face substantial cyber risk, largely due to their limited resources and lack of employee training.