As artificial intelligence (AI) continues to evolve the future of work, small businesses are jumping on board—automating customer service, streamlining operations, and tapping into productivity tools like ChatGPT. But while these advancements offer speed and efficiency, they also open the door to risks many businesses aren’t prepared for.

AI isn’t just a breakthrough—it’s a double-edged sword. If left unchecked, it can jeopardize cybersecurity, compromise sensitive data, and expose your company to compliance violations. Here’s what small businesses need to know.

Cybercrime doesn’t discriminate by size—and small businesses are no exception. In fact, their limited security budgets and lean IT teams make them especially attractive to cybercriminals. Yet despite growing threats, many small business owners still operate under the assumption that cyber insurance is either unnecessary, unaffordable or too complex to bother with.

That mindset is risky. Cyber insurance isn’t a luxury—it’s crucial to managing digital risk in today’s environment.