Have you ever stopped to consider what the financial impact to your business could be should you suffer a cyber attack or data breach?
Hardware may need to be repaired or replaced and your software and data may need to be restored and updated. This will cost you both time and money and may stop your company trading whilst systems and procedures are being fixed and updated. We’ve not even mentioned the significant amount of money required to meet the demands of a cyber criminals holding your systems to ransom via cyber extortion ransomware programs.
Sadly half of all businesses suffered just such an attack in 2016 with the average cost to small businesses reaching £20,000.
If your business uses email, has a website or stores customers data, you have to ask yourself whether cyber liability is cover that your business and reputation can be without.