Are you gambling with your Cyber and Data Security?

With cyber attacks becoming ever more widespread and sophisticated, you need to be sure you've got the right protection. Especially with the arrival of the GDPR. What support does your insurance provide if you suffer a data breach? Have you got cover for reinstating data? If you're subject to a regulatory investigation, are your costs covered?

Quickly discover the level of protection you need by taking our simple 3-minute Cyber Risk Assessment Test.


GDPR and cyber security: are you ready?

GDPR impacts every business and it came into effect on 25 May 2018. One of the legislation's key requirements is that the confidential data you hold on your customers or suppliers must be processed in a manner ensuring an appropriate level of security. Is yours? See what you should do about cyber and data security and GDPR


Specialist Cyber Crime and Fraud Insurance

With the Cyber Crime and Fraud Insurance that's right for you business, you can rest assured that your protection includes:

  • Data recovery support in the event of a breach
  • Extortion cover if a hacker tries to hold you to ransom
  • Business interruption cover to keep you going after a cyber attack
  • Payment of costs associated with regulatory investigations
  • Cover for claims for damages against your business

To understand the protection provided by our Cyber Crime and Fraud Insurance, download our brochure in the documents section or get a quote

 

For a quick overview of the threats you face watch our short video

 

CYBER AND DATA SECURITY AND GDPR: WHAT YOU SHOULD DO

The enforcement of General Data Protection Regulation (GDPR) means that your business can be fined up to €20m or 4% of your turnover (whichever is the greater) for breaches of your customers’ data. Here’s what you need to do now:

  • Appoint a senior manager with some expertise to take responsibility for your cyber and data security and draw up an information security policy
  • Make sure you understand your obligations to notify the Information Commissioner’s Office (ICO) within 72 hours (and, in some instances, the individuals affected) of personal data breaches
  • Consider whether the confidential data you hold should be pseudonymised and encrypted

For more details, visit the National Cyber Security Centre

 

What to do if you suffer a cyber or data attack: Here is our 3 - step checklist

  1. Log and monitor any suspicious activity This can help to inform you as soon as a breach happens, giving you a chance to respond quickly and limit potential damage. It’s also useful to have a trail of activity carried out by the hacker.
  2. Regularly back up your data This will make it easier to access data – reducing downtime – in the event of a breach. But be aware that there’s a risk that you may restore the same vulnerabilities which caused the breach in the first place – consult a specialist on how to mitigate this risk.
  3. Inform your cyber and data security insurance provider If you don’t have cyber and data protection insurance, Towergate can create a policy tailored to your needs that provides cover for a range of different cyber-attack scenarios.

LET’S TALK ABOUT CYBER CRIME AND FRAUD INSURANCE

For more information, to discuss your particular cyber and data security requirements or to get a quote, simply contact Towergate on:

Lines are open Monday to Friday: Between 9am and 5pm

 

 

Download the document here