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Blog Post
Cyber Crime
- by Simon Edmondson
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- 01 May, 2018
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I will never be hacked or will I?
Most business owners think because they have firewalls and security they are protected and to a certain extent they are.
However, do they know if their clients or supplier are? Third party claims are becoming more and more prevalent and cyber crime is usually due to human errors.
We have all heard stories of money being directed into a criminal's account or ransom wear and bank accounts being raided. If large organisations can be hacked why not a small business?
PWC recently published figures that 30% of the SME community will be attacked which is 1.7 million businesses and with an average attack costing the business £3,000 the cost to the UK economy is a staggering £5.1 billion!
How do we avoid it? Well obviously a secure and robust cyber security programme but if the hackers do get through have you got a cyber crime insurance policy?
For help with any issues in this blog contact EPS on 0161 503 5000 or simon@edmondson.eu
However, do they know if their clients or supplier are? Third party claims are becoming more and more prevalent and cyber crime is usually due to human errors.
We have all heard stories of money being directed into a criminal's account or ransom wear and bank accounts being raided. If large organisations can be hacked why not a small business?
PWC recently published figures that 30% of the SME community will be attacked which is 1.7 million businesses and with an average attack costing the business £3,000 the cost to the UK economy is a staggering £5.1 billion!
How do we avoid it? Well obviously a secure and robust cyber security programme but if the hackers do get through have you got a cyber crime insurance policy?
For help with any issues in this blog contact EPS on 0161 503 5000 or simon@edmondson.eu