As a business owner, you have the responsibility of protecting your customers’ data from a security breach.
In May 2017, a group of ransomware attackers successfully stole information from thousands of companies across the world, putting sensitive customer data at risk. Sagar Insurances provide Cyber Liability cover to protect you against financial difficulties caused by hacking.
A company must take all the steps possible to avoid an attack in the first place, by educating employees upon the dangers of security breaches. Employees must be cautious and alert, because data breaches are most frequently caused by human error.
Next, it is crucial that you take the following steps to increase your company’s cyber security.
However, even if you have taken all the possible steps to protect your business, hackers are constantly coming up with new methods of stealing and extracting information. Ensure that you are covered from any resulting financial losses by taking out a cyber liability policy with Sagar Insurances.
Our cover can protect you against rectification costs, notification costs, credit monitoring, loss of income and regulatory fines as a result of a breach of the Data Protection Act 1998.
If you would like to find out more about our cyber insurance policies, please do not hesitate to contact the Sagar team today. An adviser will be happy to discuss our levels of cover in more detail.