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In today’s digital world, almost all businesses have an online presence which can expose you to cyber-attacks and the activities of cybercriminals. Third-party cyber insurance coverage protects your business and associated third parties from financial losses from a cyber incident or attack affecting your operation. This guide explains what third-party cyber insurance means, what it…
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Recent estimates report losses to UK businesses totalling over £3 billion due to cybercrime, and that figure is set to rise in the coming years. In some cases, companies never recover from the devastating effects of online criminal activity; but, you can do plenty of things to keep your business and third-party data safe. Read…
Continue reading "15 Ways to Improve your Business’s Cyber Security"
In today’s increasingly online world, almost all businesses are in danger of becoming victims of cybercrime. In fact, if your organisation has a website, email address, social media presence, POS systems or an e-commerce store, you could be at risk of a cyber-attack. A cyber insurance policy is essential for your operation, enabling you to…
Continue reading "First Party vs Third Party Cyber Insurance"
Almost every modern business uses the internet on a daily basis, and that leaves companies open to attack by cybercriminals. Did you know your business systems are at risk of an attack if your company has a website, social media accounts, email or an online e-commerce facility? In recent years, social engineering has become a…
Continue reading "Why Do Cyber Attackers Use Social Engineering?"
As technology and society’s reliance on the internet advances, cyber-attack risks increase. So, it’s now crucial for businesses and organisations of all sizes to protect themselves against cyber threats. No one is safe from cybercriminals, from SMEs to large corporations and government agencies. Statistics show that in 2025 just over four in ten businesses (43%)…
Continue reading "How to Defend Your Business Against a Cyber Attack"
Most modern businesses have an online presence; many store client data and personal information on their internal IT systems. Although having your customers’ data available at the touch of a button is undoubtedly convenient and necessary, it can expose you to cybercrime risk. A cyber attack is devastating, not only financially and to your reputation,…
Continue reading "How Much Cyber Insurance Coverage Do You Need?"
Jackie Hyde, Managing Director at Stanmore Insurance Brokers Limited, has secured finalist status for the prestigious honour of ‘Business Woman of the Year’, at the highly-regarded Women of the Year Luncheon and Awards 2023. Jackie is the sole owner of the multi-award-winning company, after taking over the ownership in 2001. She joined Stanmore 35 years…
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Cyberattacks are rising globally and there has been a significant increase in cyber‑extortion and digital attack rates. That makes it all the more important to prepare your defences. One of the most common threats you should watch out for is social engineering. This guide explains social engineering and explores whether your cyber insurance will cover…
Continue reading "Does Cyber Insurance Cover Social Engineering?"
Do you hold cryptocurrency in your business? Cryptocurrency fraud and scams have surged in recent years and global reports show steep rises in fraudulent activity involving digital assets. But will a cyber insurance policy protect you if your crypto disappears in a hack or scam? That depends on your policy. Some insurers offer cryptocurrency‑specific cover….
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Phishing attacks are one of the most frequent threats facing UK businesses. They involve impersonating trusted individuals or organisations to steal money, sensitive information, or customer data. This highlights why cyber insurance is increasingly considered as essential as property or professional indemnity insurance. But does cyber insurance cover phishing attacks? What are the biggest phishing…
Continue reading "Does Cyber Insurance Cover Phishing?"Stanmore Insurance Brokers is a Chartered firm of insurance brokers. This means we have satisfied rigorous criteria relating to professional qualifications and ethical good practice. Our Chartered status means you can be confident that you are dealing with one of the UK’s leading firms that is wholly committed to providing you with the best possible advice, service and support.
