The Top Two Business Risks To Insure Your Business From This Year

The Top Two Business Risks To Insure Your Business From This Year

All businesses are faced with many digital threats and shifting economic positions, and so far, 2017 has been no different. A recent industry study identified that the most worrisome areas that many businesses face are cyber incidents and business interruptions. Unsurprisingly both of these areas cam be insured should an attack occur.

GDPR: Is Your Small Business Ready For New Rules And Regulations?

GDPR: Is Your Small Business Ready For New Rules And Regulations?

With just over eight months until the EU General Data Protection Regulation (GDPR) is introduced, businesses need to ensure they are compliant, or risk facing significant fines. The new rules are being introduced to create a uniform set of data protection rules for all EU member states, and all organisations trading in the EU.

Why Cyber Security Should Be Your Number One Business Priority

Why Cyber Security Should Be Your Number One Business Priority

Professional IT Solutions firm, Ultima, revealed that two-thirds of UK organisations have not provided their staff with sufficient cyber security training. Furthermore, half of those surveyed said they are not prepared for a cyber attack, and if an attack occurred, they have no cyber insurance or recovery plan in place. 

How to Prepare and Protect Your Business with the Changing GDPR Laws

How to Prepare and Protect Your Business with the Changing GDPR Laws

The 25th May 2018 sees the introduction of the EU’s new data protection reform; the EU General Data Protection Regulation (GDPR). The new rules will update and replace previous data protection acts, and will enable the general public to better control their personal data, regardless of where it is sent, stored and processed.  

Number of Data Breach Fines Doubles Costing UK Organisations £3.2m

Number of Data Breach Fines Doubles Costing UK Organisations £3.2m

In 2015, the UK was one of the most active regions for regulatory data privacy enforcement actions; yet last year there were thirty-five data breach fines, totalling £3,245,500. With significant changes to privacy laws due on 25th May 2018, many UK organisations risk increasing fines if they fail to protect themselves from cyber hackers.

143 Million People Involved In Recent Cyber Attack; Were You One?

143 Million People Involved In Recent Cyber Attack; Were You One?

They say bad luck comes in threes. This was certaintly the case for credit reporting agency, Equifax, this Summer. The American firm is one of the latest organisations to be victim of a cyber attack, where hackers gained access to records of 142 million people from the US, Canada and Great Britain. 

SMEs Warned to Protect Themselves After Recent Cyber Attack Fines

SMEs Warned to Protect Themselves After Recent Cyber Attack Fines

Many SMEs are being warned of the fines being introduced with the General Data Protection Regulation (GDPR) in 2018. SME business, Boomerang Video, were hit by a cyber attack on their website in 2014; resulting in a £60,000 fine from the Information Commissioner. Had they made efforts to protect customer data, it may have been avoided.

New EU Laws Push Senior Executives to Take Cyber Attacks Seriously

New EU Laws Push Senior Executives to Take Cyber Attacks Seriously

In light of the recent international ransomware attacks, it is clear the level of destruction that cyber attacks can have on a business or organisation. Over 250,000 computers in 150 countries were disrupted by the ransom malware. But why does it take this level of cyber attack for business bosses to take notice and start preparing for cyber threats?

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