Cyber Threats Are Rising — Is Your Business Properly Covered?

    Cyber Threats Are Rising — Is Your Business Properly Covered?

    Admin Team

    April 30, 2026

    Running a business today means being connected 24/7. From email and payments to client records and cloud systems, digital tools are essential—but they also increase risk.

    For businesses across Victoria and Vancouver Island, cyber attacks are no longer rare. Small and mid-sized businesses are now common targets.

    What Is Cyber Risk?

    Cyber risk includes phishing, ransomware, data breaches, payment fraud, and system downtime. A single incident can lead to lost revenue, legal costs, and reputational damage.

    Why It Matters

    Smaller businesses are often targeted because security systems are limited and staff may not recognize threats. If you store data or process payments, you are exposed.

    What Cyber Insurance Covers

    Coverage may include data recovery, breach response, business interruption losses, ransomware, fraud, and liability if client data is compromised. Most standard policies do not include this protection.

    Local Insight

    We are seeing more cyber-related claims across Vancouver Island, especially involving phishing and invoice fraud.

    Get Covered

    InsureBC Victoria can help identify gaps and build the right coverage for your business.