The potential business and personal risks of cybercrime can be daunting – and costly.

From server access attacks, email compromise, ransomware and data theft, cyber-attacks are one of the biggest concerns for businesses worldwide.

Read our guide to protecting your business from Cybercrime. Cyber security is becoming a dominant business priority. As technology continues to develop at an exponential rate, so too do the opportunities to expose businesses to a cyber-attack. The more we rely on technology to make our business run smoothly, the more vulnerable we become to overreliance on such systems should they fail in the event of an attack. The rise in remote working and cloud computing, along with more sophisticated and less easily detectable methods of attack, from phishing to malware, further compounds business’ exposure to cyber risk.

 

Protect your business with Lycetts Cyber & Data Liability Cover:

  • Cyber Extortion and Ransomware
  • Data Breach Costs (including Forensic Investigation Costs)
  • Theft of Electronic Funds
  • Network Failure – Income Loss and Extra Expenses
  • Disruption to Outsource/Cloud Source Provider
  • Reputational Damage
  • Regulatory Costs

 

2021/22 Global Stats Source: https://www.ncsc.gov.uk/
https://aag-it.com/the-latest-cyber-crime-statistics/

Lycetts Cyber Safety Tool

In collaboration with ABI (Association of British Insurers), we have launched a cutting-edge cyber risk diagnostic tool to address the growing threat of cyber-attacks for small businesses. Our tool is designed to assist time-constrained small business owners in understanding their cyber vulnerabilities and implementing effective protective measures. Developed in close collaboration with seasoned insurance underwriters and experts from the National Cyber Security Centre, this tool offers a comprehensive set of recommendations to bolster your business’s cybersecurity. Discover how to enhance your security measures today with our cyber risk diagnostic tool.

To access the tool please click here – Lycetts Cyber Safety Tool (cyber-safety.org.uk)

 

Lee Musgrove

Newcastle

"We are one of the most experienced providers of insurance to the UK leisure sector; our team are experts at designing products for even the most complex or niche requirements."

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