Cyber Insurance Policy is a must for small businesses. That is because they don't have a solid cyber security and they are an easy target for the hackers. The Cyber Insurance Policy is a smart solution because it covers the expenses if attack occurs.

These days I spoke with a friend who owns a SME and he said: "The CRM system of my company was attacked by a hacker, and I lost half of the data we had. But luckily, my company has got a cyber insurance policy, and the insurance covered all the expenses and fines."

He said that the Insurance Brokers from Guard Insurance helped him a lot. Here is a link of their website (https://www.guardinsurance.com.au/cyber-insurance/)