What would happen if your brewery was cyber-attacked?

June 17th, 2021 • by David Boretz
David Boretz

David Boretz

David, currently an insurance professional with The Signature B & B Companies he has spent the past 33 years immersed in the property & casualty, and employee benefits insurance marketplace. David has helped many small and medium sized business protect themselves from Cyber challenges such as phishing, ransom ware, and malware. Signature B & B is an agency partner of Acrisure, the 10th largest broker in the world, with global revenues exceeding 2 billion dollars.

Molson Coors, Lion, KIA, JBS Foods…What do these businesses have in common?

They’ve been victims of a cyber-attack in the past year. These attacks cost the companies significant financial strain…millions of dollars lost.

Why should you care about this?

  • 43% of cyber-attacks target small businesses
  • 60% of small businesses that are victims of a cyber attack go out of business within 6 months
  • Small business Cyber attacks increased 424% last year 2021

Cyber-attacks are not just a problem for larger breweries with complex technology behind their operations. Smaller craft breweries, which likely do not have access to the same innovative cyber safety measures as larger breweries but are conducting more business online, are more vulnerable than ever.  

Unfortunately, because small businesses handle customer data—and don’t necessarily have the resources to keep it as secure as larger businesses—they’re often targets for cyber-crimes. As consumer-facing entities, breweries gather a lot of consumer data for which they have a responsibility to keep safe. Cyber-security insurance can help protect your business and your customers.