A cyber attack can cause a huge amount of damage to your business, no matter what size it is. The impact of a security breach can be extremely dangerous in regards to financial matters, your reputation and potential legal implications. Which businesses should worry about cyber security? Any business which relies on having an efficient…
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A cyber attack can be a highly stressful and challenging experience for any business. Acting quickly and correctly in the aftermath is crucial to supporting your business’s recovery. This article provides practical guidance to help businesses reduce the risks associated with cyber attacks. Taking proactive measures is essential across all sectors, no matter the size…
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As more people around the world gain internet access, the risk of your business falling victim to a cyber attack continues to grow. While the immediate impact of a cyber attack can be devastating, it is important to understand how the costs of a cyber attack can impact your business immediately and for years afterwards….
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Experiencing a cyber attack can leave you feeling overwhelmed and understandably upset. However, taking a few key steps immediately afterwards is essential to help your business recover and reduce the risk of a follow-up attack What is a cyber attack? A cyber attack is an unauthorised, intentional effort to steal, expose, alter, disable or destroy…
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Targeted cyber extortion attacks are becoming increasingly common, leaving many businesses across the world suffering financially if they do not comply with the demands of the attacker. At Stanmore Insurance, we can help you to navigate cyber extortion attacks by providing an initial response plan and guiding you through the recovery process. What is cyber…
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The Cyber Essentials Scheme helps to guard your organisation and its supply chain from the most common types of cyber threats. Not only does the scheme help to protect your business, but it demonstrates your commitment to cyber security. What is the Cyber Essentials scheme? The Cyber Essentials scheme is a government-backed, industry supported scheme…
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Contingent Business Interruption is used by many businesses to protect their income should their computer systems and service providers be interrupted by cyber failures or attacks. It is often overlooked by many organisations, but it could save you a huge amount of money and stress should your business be targeted. What is cyber contingent business…
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When it comes to cyber insurance coverage, one critical element of your policy you should consider is business interruption insurance (or business income insurance). Business interruption insurance protects your business from the financial losses you could incur if you cannot continue operating normally following a cyber attack. We explore below what business income insurance covers,…
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Data breach insurance coverage is an important element of any cyber insurance policy; but what is a data breach, and why is this insurance coverage component so important for companies of all sectors of commerce and industry? Key Points What is data breach insurance? Data breach insurance, also sometimes referred to as cyber liability insurance,…
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Bricking is a type of cyber attack in which a device is rendered completely unusable, effectively turning it into a “brick.” While it is less common than threats such as ransomware or phishing, bricking can cause serious disruption to businesses, leading to downtime, productivity loss, and financial impact for both the company and its clients….
Continue reading "What is “Bricking” in Cyber Security?"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.
