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The ICO (Information Commissioners Office) can now fine businesses up to £500,000 as a result of breaches of the Data Protection Act

The UK Government estimated that 60% of small businesses suffered a cyber breach in 2014. Very few of those companies have a cyber insurance policy in place to protect them. The average cost of a cyber-security breach for SMEs in the UK is between £65,000 and £115,000.

If you think the following points apply to your business then we strongly recommend you consider a cyber-policy:

  • Your business is heavily reliant on your IT systems and websites
  • Your business holds sensitive, confidential or personal information
  • Your business processes or holds payment card and banking information

We can arrange insurance which will protect your business from £35 a month. To find out more place call us on 01206 765 580 or email [email protected].