With the new vehicle registration just a few weeks away, we take a look at the importance of GAP insurance. What is it, why do you need it and is it worth it?
Cyber risks – is your business protected?
Technology has changed the way businesses operate with even the smallest of enterprises embracing the power of computers, email, internet and social media.
The benefits of course are far reaching – a paperless office, an electronic database at your fingertips and an entire world wide web to promote your products and services to.
But our desire to communicate through technology does bring with it risks – cyber crime, cloud computing, loss of sensitive data and damage to systems.
Offering a professional service ourselves we are aware of these risks and it would seem a growing number of businesses are too as we are beginning to see a significant rise in the number of enquiries from companies looking for cyber insurance.
The aim of cyber insurance is of course to support and protect your organisation if it experiences a data breach or attack by a malicious hacker.
And, they do happen,
Indeed, high street bank HSBC, the BBC and the Irish National Lottery have all recently been subjected to cyber attacks.
Also, let’s not forget the high-profile attack on telecoms company Talk Talk last year, which resulted in customers’ personal details being accessed.
For many organisations, finding the right product to shield against these risks is key.
That’s why here at Fiveways we work hard to get to know you and your business so that we can find the right policy to fit your circumstances.
So if cyber crime or inadvertent loss of data is something that has been playing on your mind, why not give us a call.