A cyber insurance policy that was relatively straightforward to arrange a few years ago may now involve more detailed questions, closer scrutiny and higher expectations around cyber security. That is because cyber insurance is changing for UK businesses. Insurers are looking beyond turnover and industry sector to understand how organisations actually manage digital risk before […]
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A major insurance claim can affect far more than damaged property or a financial loss. It can interrupt operations, delay customer orders, place pressure on cash flow and take valuable time away from running the business. While insurance is there to provide financial protection, the way a business responds in the hours and days after
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A single phishing email can interrupt trading by lunchtime. For many businesses, that is the point at which the question of how to reduce cyber risk exposure stops being theoretical and becomes a matter of lost revenue, delayed orders, client concern and management time. Cyber risk is not limited to large corporations or technology firms.
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