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Cyber attacks are on the rise. And they can cause businesses a great deal of damage. Every business, no matter its size, is a potential target for cyber crime and fraud. And, according to Identity Management Institute, 90% of cyber attacks are successfully executed.
Business owners and managers must ensure they are aware of cyber threats that could impact their business and do all they can to mitigate these risks. However, you can never eliminate all risk and Cyber Insurance provides peace of mind that your business is covered financially if something goes wrong.
This means human error, causing data breaches and cyber incidents. Remember that you’re only as strong as your least informed employee!
Departments should follow documented procedures, ensuring systems and data are protected thoroughly.
External hardware and software will help to strengthen your business’s potential vulnerabilities and mitigate against cyber attacks.
A cyber criminal can target your business in several ways – and this type of crime is ever evolving. Don’t get caught out! Make sure you have the right insurance cover in place to protect you.
Cyber Attack Insurance will protect you for losses caused by business disruption brought about by network failures, privacy breaches or data loss. Cyber Crime Insurance relates to monetary loss due to malicious action from a hacker. This includes social engineering, where an employee is deceived or scammed into giving financial details or making payment to a fraudulent source.
Compromising on your broker is to compromise on your security – why put your business at risk?
We operate to ensure businesses and their people get the most appropriate level of cover. We don’t cut corners; we help clients understand their cover and what risks need to be protected against. Choosing a dedicated independent broker that can make decisions for you is essential to remaining best protected.
Contact us today to get started with Romero Insurance Brokers. With your permission, we will be able to perform a confidential review of your business and insurance terms, able to go to insurers and determine our best offer which might be better than your current provider.
There are a range of reasons why businesss wants to work with Romero Insurance, from our dedicated service too our award winning claims team. We firmly believe in taking the time to understand your business and it’s needs, in order to properly deliver a tailored insurance portfolio.
The cyber landscape is fraught with potential danger and exposure for you and your data – hence we think it’s important that you’re looked after by an experienced broker who understands these cyber security risks in depth.
Romero Insurance Brokers are perfectly positioned to out compete both multinationals and independents. We will provide the care you’d expect from a neighbourhood broker by organising one account handler as your permanent direct contact.
As a large decorated broker, we are dedicated to the welfare of our clients, offering an unparalleled range of services. We are able to help our clients grow, and develop their insurance portfolio as they grow, alongside our clients, building their policy, and maintaining a superior level of service.
We host a large claims team, one of the largest in the UK. This is because we understand the importance of getting claims sorted properly and promptly. We recently won the Insurance Times Claims Excellence Award, highlighting the great work our claims team does.
Romero Insurance Brokers are market-leaders in the corporate and commercial insurance sectors. Our client list is wide-ranging, and our offices host the largest broking department in the North East. We service businesses nation-wide, protecting over £250 billion of business. Becoming a client means gaining access to this network, and you know your finances are in safe hands without any of the drawbacks of a multinational broker.
IT Director, Mark Noble details the necessary cyber security precautions all businesses should have in place, as well as how cyber insurance can save and revive businesses. He answers what is cyber insurance, what do cyber criminals want, and what businesses can do to stay fully financially protected.
For more from the Romero Expert Insights podcast series
Taking a deep dive into cyber insurance; the crime, the risks and how to stay protected.
A cyber attack is, by far, the most common risk a business will face. Our whitepaper covers all the essential need-to-knows as well as how to defend against the emerging threats.
A Russian group of cyber criminals called Qilin are thought to be behind a cyber attack which forced London hospitals to cancel operations,
What can businesses learn from the June 2024 NHS Cyber Attack?
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