Myth number 13 says that cyber insurance is the ‘silver bullet’ for cyber risk. It is dangerous because it fails to recognize how insurance policies work and the current cyber insurance market conditions, which are a lot more demanding than before.

Myth number 10 says that the COVID-19 cyber risk increase is temporary but the truth is that it is here to stay and provides an opportunity for small companies to re-evaluate their cybersecurity needs.

Truth Number 9 says that the cybersecurity of others is not our concern but the truth is that our business is connected to other businesses and poor cybersecurity presents a risk to the business and all its trading partners.

Myth number eight says: "Small businesses don’t need to plan for a cyber incident”. In this article, I explore the truth that every small business needs to plan for a cyber incident and explain why this is such a vital issue.