Technology is advancing at a faster rate every single day, and with the advancements in technology comes a greater risk of being the victim of a cyber attack.

Cyber attacks can render your personal computer or an entire business completely out of operation.

Greg Marcyniuk is with Heritage Insurance and gave some scary statistics on cyber attacks.

"You have a higher chance of having a cyber attack, which is a 1 in 4 chance now and it keeps increasing than receiving a customer complaint. There is a cyber-attack every 36 seconds or 4000 a day in North America."

Marcyniuk detailed what could happen if your business was attacked through a local example.

"Your business is basically shut down. Your accounts receivable is out, no access to your clients, we're talking serious situations. This is an actual situation, fortunately, the person was able to retrieve their data by getting an intrinsic computer specialist to come in., He had to pay a fair amount of money which I cannot disclose and he was down for two days. He's was a lucky person."

Marcyniuk added that with proper insurance a person can protect themselves from even the worst kinds of attacks.