A recent article in The Guardian (‘Huge rise in hack attacks as cyber-criminals target small businesses on the rise’ by Mark Smith, February 5th 2016) has laid bare the issues faced by small businesses when it comes to cyber security.
The article highlighted how over half of email phishing attacks towards the end of 2015 were targeted at SMEs. While becoming more aware of the potential risks, it revealed that many small business were unprepared and unaware of the insurance cover they needed in place in the event of a security breach.
Paul Norris, Head of Broking for Reason Global comments: “The Guardian article and many others in the national press recently show the growing risk all SME’s face from this area. We have worked hard on producing a Policy relevant to our chosen industries that responds in many ways to support them through the process of such issues, ensuring peace of mind in the event of a breach of their systems”
You can read The Guardian article in full here ››
Read Paul Norris’s article on Cyber Risks in the February/March 2016 issue of FIDI Focus here ››
The appropriate insurance can help a business to ride the cyber security storm – and help protect customers too. If you’d like to find out how Reason Global can help, please speak to one of our team today.