According to a 2016 survey, Cyber attacks are seen as the top insurance risk for UK businesses.
The survey found that companies are worried about the increasing brutality of cyber risks. Cyber risks have emerged as a new top 10 threat.
The focus has been taken away from risks such as natural catastrophes, and is now leaning towards technological threats. For example, new technologies, increased use of technology and the change in customer behaviour.
It is essential for organisations of all sizes to adapt in order to avoid cyber risks. To contact us for more information on Cyber Liability cover from Todd & Cue click here or call 0191 482 0050.
Alternatively visit our Resource Portfolio for free information & advice on cyber risks.