You have heard the phrase “a good reputation takes years to build yet only seconds to destroy!” Well, in today’s high speed, technically advanced world, that really is the case.
It is why so many businesses who have been the subject of a cyber-attack have tried to keep it secret and not disclosed the fact to their customers – the very people whose personal information has been accessed.
It is for this reason that the UK Government and the EU have introduced the General Data Protection Regulations, which came into force on 25 May 2018.
You have probably taken steps to improve your procedures, but in the event of a data breach or cyber-attack, would you have the resources and expertise to manage the incident, in compliance with the new regulations?
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GDPR and cyber liability - can you really afford to ignore it?
Our Sector Expertise
We would strongly recommend that you take out cyber insurance cover now, even if it is only for the basic incident management support. We can offer you a wide variety of cyber insurance covers and will help you to assess your financial exposures and determine the right level of insurance protection, but would suggest that access to practical support for the management of any incident should be a minimum requirement.
Insurance covers can be arranged immediately and can be placed for as little as £300 premium for protection up to £100,000.
Whilst you may think it will never happen to you, the government’s statistics indicate that nearly half of UK organisations, including SME’s , experienced an attack within the last 12 months , and have estimated the cost of cyber attacks to the UK at around £27bn.
Click Here to view the most common phishing techniques.
Watch our video below which offers top tips to prevent phishing attacks:
How We Will Support You
We will take time to review your current insurance programme and fully understand the risks exposures you face. We can present you with our findings of your existing cover with no obligations.
We will seek the most appropriate policy for you and ensure it meets your requirements with no hidden conditions or clauses but give the widest possible cover.
We deliver competitive premiums focussing on value for money without compromising on cover or service.
We will be your contact for all claim related matters to ensure a consistent and speedy resolution.