Tag Archives: Cyber insurance


Coronavirus support for business guide
March 18, 2021

Coronavirus support for business guide

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Coronavirus support for business guide   Download our financial aid guide detailing the assistance that is available to you following the 2021 budget.   As the UK prepares for the proposed Government roadmap to ease the lockdown restrictions, we want to ensure that our valued clients have access to the most up-to-date information to make your…

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What is phishing and how dangerous can it be to you
November 25, 2020

What is phishing and how dangerous can it be to you

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In today’s digital world, cybercrime has become a powerful tool for criminals looking to steal data and extort money. The most dangerous of all the cyber attacks is phishing. Phishing at a glance: Phishing is a type of social engineering attack often used to steal user data, including logon credentials and credit card numbers. In…

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Why charities need cyber insurance, regardless of size
November 4, 2020

Why charities need cyber insurance, regardless of size

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Why charities need cyber insurance, regardless of their size With all the challenges and changes that Covid-19 is bringing we saw a sudden and near-total shift to remote working (and now a more measured transition to blended working) many charities have had to re-examine their existing cyber security practices. In the past year 20% of charities have…

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Why every business needs cyber insurance
October 28, 2020

Why every business needs cyber insurance

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With millions of employees working from home, the risk of cyber breaches is higher than ever. The reason working from home increases the risk of cyber attacks is due to: Weak network security – Multiple entry points for each business network – Family members on WIFI – and more. 60% of SMEs that suffer a…

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Cyber insurance is set to become vital after Covid-19
September 2, 2020

Cyber insurance is set to become vital after Covid-19

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Although most businesses have always seen cyber insurance as a necessity, many will now realise its utmost importance in keeping them protected. The risk of cyber attacks has grown exponentially due to many working from home, leaving small businesses vulnerable to attack. Since 2015 there has been a 300% increase in small and medium size…

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Covid-19 has caused a surge in cyber crime
July 29, 2020

Covid-19 has caused a surge in cyber crime

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With offices re-opening due to eased lockdown restrictions, many fear difficulties may arise in stopping cyber crime, as part of the workforce remains at home. With over 75% of companies saying that a large proportion of their employees will remain working from home, remote-working issues will remain for some time. A top worry for main…

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£10 million in losses due to COVID-19 cyber scams
April 24, 2020

£10 million in losses due to COVID-19 cyber scams

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£10 million in losses due to COVID cyber scams The COVID-19 pandemic surging around the world has evolved into a full-blown scam epidemic since fraudsters have started exploiting coronavirus fears. Scams have included an impersonation of local and international health authorities such as the World Health Organization, as well as creating bogus online shops selling non-existent face…

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The growing threat of a cyber attack
January 20, 2020

The growing threat of a cyber attack

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As we become increasingly reliant on technology, the potential impact of cyber-related incidents continues to grow. Yet the cyber insurance market is relatively new in comparison to other lines of cover. So, what do we mean when we talk about cyber risk & what do you need to do to protect your business against this…

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Is cyber insurance right for my business?  
January 15, 2020

Is cyber insurance right for my business?  

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Have you considered cyber insurance for your business? Cyber insurance is finding its way onto the agendas of businesses everywhere, but it’s still a relatively misunderstood class of insurance. Because of this, many companies find themselves confused about how cyber insurance actually works and are skeptical about whether it makes sense for their business to…

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Marriott faces £100m fine over cyber-attack on its data
October 21, 2019

Marriott faces £100m fine over cyber-attack on its data

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The massive hacking of Marriott International reservation databases could lead to a £99m fine as the UK cracked down on privacy breaches with its second major penalty notice in two days. The cyber-attack, which Marriott disclosed in 2018, exposed information on 339-million guest records, including seven million related to British residents, the UK Information Commissioner’s…

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