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Investments in cybersecurity solutions continue to grow

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Small-business owners who have yet to do any research in cyberliability insurance policies may want to start now as data breaches and information security are becoming a larger point of contention throughout the country. Many surveys have revealed cyberthreats are going to happen to companies, it's just a matter of how well firms are able to recover, as well as identify when the business may be under attack by a cybercriminal.

According to a recent article for Fox Business, companies are pouring more funds than ever into defense mechanisms, making it more difficult for hackers to infiltrate their virtual infrastructure. Failing to have preventative measures for a cyberattack could devastate a company for months and possibly put it out of business altogether.

"Clearly people are now paying attention," Frank Cilluffo, director of George Washington University's Homeland Security Policy Institute, told the news source. "Cyber security is no longer a footnote in the needs of supporting a business end-to-end."

Cybersecurity firms blossoming in recent years
The high sales numbers boasted by companies that protect computers is a good sign for small-business owners. The news source reported many data protection firms are seeing some of their best success in years, mostly thanks to the growing potential of breaches at today's businesses.

"It's the best it's been and I hope it will even get better," Roy Zisapel, CEO of Radware, a networking solutions company that sells security products, told the news source. "For us, the level of activity, engagement and budgets in Fortune 100 accounts to cyber security is dramatically higher than any year before. It's night and day."

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