Niceville Insurance Agency’s Post

Nearly 50% of UK businesses reported cyber attacks in the past year, with larger organisations facing higher frequency and greater recovery costs*. As technology evolves, so do the risks. Ensure your cyber liability insurance scales with your business growth. We're committed to helping you assess your needs and secure the right coverage to safeguard your operations from emerging threats. Find out more - https://lnkd.in/es7tr4sn *Source: Cyber Breaches Survey April 2024 #CyberSecurity #BusinessProtection #RiskManagement #CyberInsurance #DataProtection #CyberRisk #CyberLiability #InsuranceBroker

Businesses need cyber insurance to provide cover against a wide range of potential incidents and attacks. These may include unauthorized access to sensitive data, theft of personally identifiable information, legal expenses, reputational damage, and costs associated with regulatory compliance and breach notification. In addition, cyber insurers can provide access to specialist incident response services under the policy, which is invaluable to reduce the exposures associated with malicious software, criminal extortion, and sensitive data leaks. By addressing these risks, cyber insurance offers businesses a safety net against the potential consequences. #cybersecurity #datasecurity #dataprivacy #cyberattack #breach #security #business #riskmanagement #protectyourdata #cyberinsurance #cyberinsurancepolicy #databreachinsurance

Nearly 50% of UK businesses reported cyber attacks in the past year, with larger organisations facing higher frequency and greater recovery costs*. As technology evolves, so do the risks. Ensure your cyber liability insurance scales with your business growth. We're committed to helping you assess your needs and secure the right coverage to safeguard your operations from emerging cyber threats. Find out more - https://lnkd.in/eBQaffQf *Source: Cyber Breaches Survey April 2024 #CyberSecurity #BusinessProtection #RiskManagement #CyberInsurance #DataProtection #CyberRisk #CyberLiability #InsuranceBroker #NorthernIreland

According to a report by the UK Government, 2.3 million cases of computer misuse were reported in the UK by the end of 2023 🖥 The average cost of a cyber-attack to a UK business was £3,230. Aviva research revealed that one in five UK businesses have experienced a cyber attack or incident, with nearly one in 10 (9%) small businesses experiencing this in the last year. This number rises to 35% of large corporate businesses, showing the increasing risk that cyber presents and the importance of Cyber Insurance. #ForumInsurance #CyberAttack #CyberSecurity

Interesting new trends are being seen in the Cyber Insurance Landscape with respect to extortion. New case studies are suggesting that once again threat actors are showing increased sophistication, staying undetected in networks for extended periods of time and now threatening to reveal private or embarrassing information about an employee unless the employee provides their login credentials and access to their network. Can you trust your employee's to not give up this information if they are faced with this decision? At Gallagher we offer a depth of cyber knowledge, and cyber insurance solutions that will better protect your balance sheet from a cyber event. Feel free to contact me directly to discuss transferring this risk to a comprehensive standalone cyber policy. #gallagher #insurance #cyberinsurance #riskmanagement #risktransfer #cybercrime #cybersecurity

🌐 The Cost of Cyber Incidents: Can Your Business Afford to Go Uninsured? Cyber incidents can be financially devastating. Without insurance, the costs could easily spiral out of control. Statistics & Facts: • The average cost of a data breach globally can exceed millions of dollars. • Recovery involves not only monetary aspects but also significant reputational damage. Preventative Measures: Combining cyber liability insurance with proactive cyber security practices minimizes potential risks. Case Study Highlight: A look at a small retailer who survived a phishing attack thanks to timely insurance coverage. #CyberRisk #BusinessContinuity #TechSafety

💰 The Cost of Cyber Attacks 💰 Cyber attacks can be financially devastating. Learn about the statistics and figures that highlight the impact of these attacks on businesses. Our webinar on August 28th will cover how cyber liability insurance can mitigate these costs. 📅: August 28th, 3:00 PM 🔗 Register Here: https://lnkd.in/gdtBXnre Can’t make it? Book a Cybersecurity Strategy Session: https://lnkd.in/g3PuftTc #CyberCosts #FinancialImpact #BusinessSecurity #TechStats #SMBsCyberSafe

💰 The Cost of Cyber Attacks 💰 Cyber attacks can be financially devastating. Learn about the statistics and figures that highlight the impact of these attacks on businesses. Our webinar on August 28th will cover how cyber liability insurance can mitigate these costs. 📅: August 28th, 3:00 PM 🔗 Register Here: https://lnkd.in/gYUJ4MuC Can’t make it? Book a Cybersecurity Strategy Session: https://lnkd.in/gPDx95E3 #CyberCosts #FinancialImpact #BusinessSecurity #TechStats #SMBsCyberSafe

Contrary to popular belief, small businesses are frequently targeted by hackers and cyber attacks. Unlike large corporations, a small business is likely to not have as many security measures in place to protect their data making them a popular target. That's why it's crucial for small business owners to consider a cyber insurance policy. Whether a data breach occurs accidentally or intentionally, having cyber insurance in place can safeguard your business from the potentially devastating consequences. To learn more about the benefits of Cyber Insurance, contact L&W Insurance today: https://lwinsurance.com/ . . . #CommercialInsurance #BusinessInsurance #CyberInsurance #DataBreach #CommercialInsurancePolicy #DelawareBusiness #IndependentInsuranceAgency #SmallBusiness #SmallBusinessOwner #IndependentInsuranceAgents

In today's digital age, protecting your business from data breaches and cyber threats is more important than ever. Whether the breach is accidental or intentional, privacy breaches can occur from unauthorized access, the physical taking, and mysterious disappearance of personal information, and can be detrimental if not protected against. At L&W Insurance, our team specializes in safeguarding your business from the unexpected. Our Data Breach & Cyber Liability Insurance policies are designed to protect you from the risks associated with cyber threats, ensuring that your business remains secure and resilient. Don’t leave your business vulnerable to cyber attacks. Contact L&W Insurance today to learn more about Data Breach & Cyber Liability Insurance coverage: https://lwinsurance.com/ . . . #CyberSecurity #DataBreach #CyberLiabilityInsurance #BusinessInsurance #LWInsurance #IndependentInsuranceAgency #CommercialInsurance #CyberProtection #RiskManagement #IndependentInsuranceAgents #DelawareInsuranceAgency