Accountex 2016 - National Accountancy Exhibition & Conference

Expert advice. Way above the ordinary… Cyber Insurance – who is at risk?

SME: Smaller businesses may have less robust security and no audited response initiatives (perhaps they are too costly?). They often present soft targets for opportunistic criminals who may use them as a backdoor to attack larger organisations.

Smaller companies may have no access to forensic, legal and PR experts after a security failure. As a result, loss of revenue, inability to cover operational expenses and reputational damage can be devastating to them.

Larger: Larger companies hold more data meaning that breaches can lead to more records being stolen and more costs to manage the loss. They are also more susceptible to third party and shareholder class actions. Monitoring employee activity, tracking stolen and lost hardware and the corresponding theft of proprietary information is much harder in large complex organisations and data breaches can take much longer to resolve.

Come and talk to Advantage Risk Solutions on stand A770 about your own circumstances and we will be more than happy to help you.