75% of SMEs have experienced a cyber attack in the last 12 months, so it’s more a case of when it will happen to you than if. But an incident doesn’t have to mean disaster for your business.
What’s the worst that could happen?
Whether your system is maliciously hacked or an employee loses confidential data, the potential fallout of a data breach is wide.
As well as reimbursing lost customer assets, defending litigation and issuing compensation to clients, you may have to pay to investigate the incident, restore systems or equipment, or to comply with regulatory body fines.
What can I do about it?
As cyber attacks and data breaches become commonplace, specialist insurance products have been developed to help cover the costs of managing the incident, restoring your reputation and getting back to business.
At Hine, we believe in providing the most up-to-date advice and best possible products to help you protect your business.
That’s why we recommend Lorega’s Cyber Recovery, an incident management service which provides SME businesses, with a turnover of less than £5m, with a Cyber Expert to help them survive a cyber attack and loss of personal information.
What’s covered?
Crisis Response
- 24/7 emergency line
- Advice on immediate actions
Incident Management
- Advice on complying with Data Security Law
- Investigation, IT, legal and PR advice
Investigation & Restoration
- IT and legal advice in respect of regulatory investigation
- Restoration of email, online and software systems
Awards, Fines & Credit Monitoring
- Regulatory costs, damages, fines and penalties
Turnover Banding (£) Premium incl 12% IPT (£)
0 to 250,000 80
250,001 to 500,000 160
500,001 to 1,000,000 280
1,000,001 to 3,000,000 480
3,000,001 to 5,000,000 800
To find out more about this incident management and recovery service or our range of comprehensive Cyber insurance products, contact Hine on 0161 438 0000 or email info@hine.co.uk
