Assessing Your Business’s Cyber Risk

2nd July 2019 5 min read

The Government's Cyber Security Breaches Survey 2019 states that around a third (32%) of businesses report suffering a cyber security breach or attack in the last 12 months.

It is vital that you assess your business’s risk of a cyber-attack; we have put together the below tips to help you:

  • Be aware of the risk profile of your business by completing our cyber risk assessment quiz

  • Protect your business’s vulnerabilities. These could include holding significant amounts of customer and/or sensitive data so you need to ensure you are GDPR compliant

  • Confirm your IT team are carrying out regular security updates and security patches

  • Install anti-virus, anti-spam and firewall systems

  • Consider how your business would be impacted by a cyber breach, such as interruption to key systems, loss of data, or a PR issue where you receive negative press

  • Ensure your business has a cyber incident response in place, comprehensive security practices and well-trained staff

  • Protect your business from a significant loss by purchasing comprehensive insurance

Why Miles Smith

• We recommend products that ensure you receive comprehensive cover to protect your business
• 24/7 Notice and Guidance helpline available
• Rapid incident response within 1 hour of calling the helpline
• Making a claim can be completely excess free for 48 hours
• Access to industry experts to control and manage the breach/incident, including:
° Breach coach/lawyer
° IT specialist team
° Extortion adviser
° PR/communication advice selected based on your industry

Get in touch with us

We have a team of experts at Miles Smith who can arrange a cyber insurance programme for your business.

For more information, or to book an appointment, give us a call on 020 7977 4800 or email us at msisenquiries@milessmith.co.uk

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