Expertise that ensures full cyber insurance compliance for complete peace of mind.
The world and the way people do business are now mostly online. And we aren’t going back. For businesses of all shapes and sizes who conduct aspects of their everyday business online, such as taking card transactions and providing services digitally, and who store sensitive personal data, having a strong security posture coupled with cyber insurance and being fully compliant is vital.
Cybersecurity insurance, also known as cyber liability insurance or cyber insurance, is a contract that helps reduce the financial risks associated with an online business. Seeing as the number of breaches to SMBs (small to medium-sized businesses) has gone through the charts in recent years, with the average cost of a single data breach to an SMB being £261,000, it’s no wonder more and more businesses are opting in to hand over some of the financial risks to an insurer.
But many businesses aren’t aware of the ever-evolving rules and regulations they need to follow to remain compliant. That’s where we come in.
We’re experts with decades of knowledge and experience under our belt. We understand how difficult it can be for businesses to keep up-to-date with the latest rules and regulations. And we know how important it is for every business with cyber insurance to remain compliant so they aren’t left liable and out of pocket in the case of a data breach.
On top of offering expert advice, we can help you create programs that establish risk-based controls. We’ll help protect your integrity, confidentiality and accessibility to sensitive information you store, process and transfer. Our knowledgeable professionals will help you minimise regulatory risks, fines and litigation by demonstrating full compliance.