CYBER SECURITY
SMEs are being targeted more so than ever.
Don’t let yours fall prey to a cyber attack.
What is cyber risk and how do you keep yourself safe?
Cyber risk refers to your business’s susceptibility to data breaches or hacks that could damage your reputation, credibility and trust – and shatter your privacy policies.
The damages of cyber attacks are both first and third party, and include business interruption and regulatory consequences. Whether it’s medical records, credit card data, or sensitive information about employees, customers or suppliers, the costs involved with recovering from such attacks can be enough to send a business into shutdown.
The cost of a cyber attack – whatever the size of your business – can be devastating.
Here are some things you’ll need to consider:
- Recovering brand reputation
- Claims against the business surrounding data exposure
- Cost of notifying and reimbursing affected parties
- Repair or rebuild of databases
- Recovery of information
- Adjustment to systems to prevent future attacks
- Cyber extortion (ransom claims)
- Forensic investigations to explore extent of breaches
Download the cyber security checklist to ensure optimum data protection for your business.