Though 65% of small businesses say the Internet is critical to their success, one quarter of female business owners are uncertain about their level of protection from cyber risks, new data shows.
The Travelers Companies Inc. of Hartford, Conn., released this finding in survey of 254 female business owners conducted in October, which has been designated National Cyber Security Awareness Month. The survey was undertaken during the National Association of Women Business Owners' conference, an annual gathering of female business owners, held Oct. 4-6 in Louisville, Ky.
The research reveals that more than four in 10 (42%) of women who own a business are “not very confident” that they have adequate insurance coverage to protect against other insurable risks. And more than 50% don't have or don't know if they have a written business continuity plan or disaster recovery document.
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