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18 Sep 2025

Cargo bikes are fast becoming a cleaner alternative to diesel vans in London, offering a sustainable way to make deliveries and cut the city’s dependence on polluting vehicles, new...

18 Sep 2025

Cycling Scotland has highlighted the crucial distinction between legal and illegal e-bikes, warning that confusion risks undermining public trust in a technology that is helping thousands switch...

17 Sep 2025

Cycling retail specialists including the ACT has praised a recent Guardian feature on the topic of e-bikes and the use of illegal and unregulated models, with the piece providing...

15 Sep 2025

Dublin-based cycle workshop the Rediscovery Centre has achieved Cytech accreditation for its workshop team after completing advanced training with Activate Cycle Academy, an Oxford-based...

12 Sep 2025

Norwegian company Ampliuz is aiming to replicate the widespread network of EV chargers with a dedicated public charging system for e-bikes.

11 Sep 2025

With D2C bike brands facing significant headwinds, local bike have seen modest but real improvements in profits and prospects. Partnerships like ACT and Bikmo are helping independents strengthen...

5 Sep 2025

The average cycle trip in England lasted 24 minutes in 2024, remaining consistent with the previous year, new figures from the National Travel Survey have revealed.

4 Sep 2025

A panel event hosted by ACT Director Jonathan Harrison will focus on retailer experiences and how they are adapting to a number of challenges within the sector at this year’s inaugural...

3 Sep 2025

Cycling just two miles to work can improve heart health by up to 30 per cent compared with driving, new research has shown.

3 Sep 2025

The UK is far behind most European countries in e-bike sales, according to new research from ACT member Paul's Cycles.

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Cyber risk for the cycling industry

Posted on in Business News , Cycles News

As the world evolves alongside advancements in technology, the ways in which business is conducted, and their associated risks, do too. Cyber risk is now present in most business operations and business owners are beginning to understand that you do not need to be a digital business to be exposed to cyber risks, only digitally dependent.

So, what do we mean by a business that is digitally dependent? We mean any business that relies on digital services or data to operate. For example, an cycling business may not see themselves as a digital business, but they rely more on technology and data today than they ever have done before.

Some of the common ways in which cycling business rely on technology are:

  • Creation and storage of invoices and receipts
  • Taking and making electronic payments (via computer or mobile)
  • Use of email
  • Storage of employees and customers personal information (names, addresses, payment details)
  • Social media or online marketing
  • Online sale of bicycles, parts or services

Cyber Insurance

Cyber Insurance can be sought to cover the costs of each loss caused by cyber attacks. Whilst it is important to remember that not all cyber insurance policies are the same, OSR, in association with long-standing ACT partner Butterworth Spengler CycleSure, are pleased to confirm that Optimum Cyber Plus policy can provide the following benefits:

  • Cover for Business or Network Interruption losses including costs associated with Reputational Harm
  • Cover extended to Cloud or Outsourced locations
  • Cover for E-theft losses with no hack or penetration of the network (Social Engineering)
  • 24/7 Incident response team comprised of IT Forensics experts, Lawyers and PR experts
  • Cover for Human Error or accidental deletion of data
  • Liability for losses caused by the transfer of any Malware, Virus or Ransomware to a third party
  • Liability and Compensation costs associated with a data breach or breach of any privacy legislation

In addition to the policy coverage, all OSR policyholders receive the following suite of complimentary Risk Management aides:

  • A network vulnerability scan, and 2 days free consultancy to resolve any issues highlighted by the scan, from KryptoKloud
  • A complimentary, one-hour consultation with one of the UK’s leading GDPR consultancy practices, GDPR123.
  • Employee security awareness training modules covering Cyber Crime, Data Protection and Security
  • Access to a Cyber Essentials Certification and Management
  • Commercial Grade antivirus and offsite backups from Avast for businesses turning over up to £5m annually.

Fore more information on Cyber Insurance visit the ACT website here.

 

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