This is essential for every business who holds customer data or use a computer systems to operate. 75% of SMEs have experienced a cyber-attack in the last 12 months.
What will you do if you had a cyber attack?
Our Cyber Recovery insurance product provides a valuable expert service, aimed at reducing exposure to financial losses and limiting commercial and reputational damage.
- 50% of data security breaches are caused by human error or where an employee has been duped
- 75% of SME’s have experienced a data loss in the last 12 months
- The average cost to an SME following a data security breach is £75,000
- 25% of SME’s won’t survive a serious data breach
Cyber Recovery provides SMEs, with a turnover of £5m or less, 24hour access to expert advice following a security breach involving personal data. The insurance covers the cost of forensic and technical services to investigate and restore systems, helping in the liaison and communication with regulators and customers. Cover is also provided for the cost of certain financial damages, penalties and fines.
At George Williams Insurance, we can provide cyber liability for your business. Make sure your businesses are protected from the other expected. If you want to find out more, call us on 01745 798 987 or email us at email@example.com. Altnernatively, if you’re in the local area you are more than welcome to visit us in branch:Unit 1, Panton House, Panton Hall, Denbigh, Clwyd LL16 3TL Wales.« Back to all news