We’ve got your Cyber Liability Insurance covered!
Did you know that a third of all businesses in the UK fall victim to Cybercrime? Hacking and other cyber-attacks such as Ransomware cost UK businesses millions of pounds each year.
Whatever your business large or small, with or without an online presence – If you use a computer (even just to access emails) you could become a victim of Cybercrime.
Cyber Liability Insurance covers your business should you become the victim of cybercrime – For example if a piece of malware infects your computer system, or you receive a ransomware attack demanding payment. These attacks can have serious consequences, especially for smaller businesses who may not have the budget or resource to cope with the potential damage they may cause.
The risks do not stop with hackers gaining access to your systems, regulatory fines and the time wasted by employees who become locked out of systems pose a huge cost to businesses. Furthermore, there is a reputational risk to businesses – particularly where customer data may be compromised.