Protecting your business against cyber crime

March 15th 2024

Advances in technology and the growing sophistication of criminals make businesses increasingly vulnerable to cyber attacks and cyber fraud.

Our innovative security service – the Cyber Safety Tool – can help protect you from this costly menace.

It has been designed to help prevent your business falling victim to the 6,500-plus cyber crimes that occur in the UK every day.

The tool is powered by the Association of British Insurers (ABI), who built the tool for us based on the latest expertise from the National Cyber Security Centre (NCSC) and cyber experts from their membership.

Small businesses are particularly vulnerable, and the Lycetts Cyber Safety Tool can assist time-constrained company owners in understanding their cyber vulnerabilities and implementing effective protective measures.

It is a diagnostic solution that offers a free, comprehensive and tailored set of recommendations to bolster businesses’ cybersecurity.

Each incident of cyber crime typically costs businesses £15,300. However, good cyber posture – made possible by such products as the Cyber Safety Tool – can prevent more than 80 per cent of cyber-attacks.

Initial testing showed that even seemingly minor cyber issues can leave most businesses – especially small companies that don’t have specific IT teams – vulnerable to attack.

By using the Cyber Safety Tool, you will be alerted to any existing vulnerabilities and will know which changes you can implement to boost your defences.

For advice on cyber insurance and further information about how the Cyber Safety Tool can help your business, please contact us and one of the team will be happy to help you.

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Ian Maddison

Divisional Director

Christopher Cox

Christopher Cox

Director

Alex McGrigor

Account Executive

Bianca Warwick

Account Handler

Amber Cartlidge

Account Handler