Brandy Vargas, Senior Manager of Cyber Solutions at Crum & Forster, offers crucial insights for small to midsize businesses (SMBs) on cyber insurance. She emphasizes that these policies are not like traditional insurance and require proactive engagement. Brandy stresses the importance of thoroughly understanding your policy's nuances, like sublimits and exclusions, to avoid being caught off guard. She also highlights the immense value of the free resources often included with policies, such as phishing simulations and incident response templates, which can dramatically improve an SMB's cyber defenses at little to no cost.The episode also focuses on proper incident response. Brandy warns against the common mistake of reacting to a cyber event by acting alone, as it can jeopardize legal protections and insurance coverage. She strongly advises that SMBs immediately engage their insurer's emergency response teams to ensure the incident is managed correctly and privileged communications are preserved. Her core message is that SMBs must build strong relationships with their brokers and carriers to access expert support, prevent recurring attacks, and ultimately strengthen their cyber resilience.#CyberInsurance #SMBs #RiskManagement #Cybersecurity #IncidentResponse #SmallBusinessTips #CrumAndForster #CyberResilience #BusinessSecurity