Could your business be at risk for a cyber breach? News Tuesday, 21 July 2020 As technology continues to develop and become more sophisticated, so do the potential cyber threats that your business could be exposed to. Any business in any industry can potentially face a breach of sensitive customer, employee or business information. It is important you understand you risks and exposures, and how to best prepare yourself against a cyber breach. Cyber Insurance can cover expenses that your business may incur because of a cyber related incident: Business interruption loss due to a security attack Data loss and recovery including decontamination Regulatory investigation expenses Third party claims from a failure to keep data secure Cyber extortion costs A cyber attack could cost your business more than money. It could also threaten your intellectual property and put customers' personal information at risk - which could damage your reputation. What can be stolen from you? Personal and business details Payment details and order histories Your business records Tax records Emails and attachments Financial information Payroll and employee data Contract and legal documents Manage your risks by: Training your staff to identify risks Create an incident management plan Back-up your company data Use insurance to minimise impact Maintain protection of your mobile devices, networks and point of sale systems Help protect your business by calling a Knightcorp Insurance Broker to talk about the cyber insurance options available. Get a Quote Talk to Us Category: News « Back
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