Why you Need Cyber Insurance

The risks of cyber crime have never been more prevalent, with attacks on businesses increasing each year. Cyber risk insurance is a must for any company that holds personal data or stores business critical information electronically. If your computer system fails due to interference from outside forces, you could lose everything!

But what is cyber insurance?

Cyber insurance is a form of coverage that provides protection against cyber security risks. It helps you to avoid financial consequences if your system gets hacked, and it can also provide funds for replacing lost data or cleaning up the mess left behind after an attack.

Do you do any of the following…?

  • Store personal information
  • Keep email addresses
  • Use a computer
  • Run business software
  • Take card payments
  • Make electric payments
  • Have a website
  • Use cloud storage

If the answer is YES, you need to ensure you have cyber insurance not only for your protection, but for the protection of your customers data.

Did you know?

75% of cyber attacks start with an email…

43% of cyber attacks target small businesses…

Cyber attacks happen every 39 seconds!

Human error accounts for 95% of all data breaches…!

Protecting your company from cyber threats is no easy task.

No matter the size or industry, every business faces similar hurdles when it comes to information protection and security management. At Ascend Broking, we will work with you to ensure you get the correct coverage for your business.

other blogs that may help or be of interest:

Cyber & Data Insurance - Ascend Broking Ltd

Any questions? Please don’t hesitate to contact one of our team.

Stuart.belbin@ascendbroking.co.uk  |  Office: 01245 449067

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