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Results: 101-110 of 901


29 Jun 2023

Bicycle sales slowed sharply in Europe in 2022 after strong growth during the pandemic. But whilst traditional bicycles were less in demand electric bikes continued their explosion, the European...

29 Jun 2023

gogeta says it is set to shake up the Cycle to Work Scheme industry by offering partner bike shops the lowest commission fees in the industry at 4%, with an introductory offer of 3% until 31st...

26 Jun 2023

Transport for London (TfL) has launched a new Cycling Action Plan with the aim of increasing the number of journeys made in the capital by bike by a third by the end of the decade, with...

16 Jun 2023

Giant UK have partnered with Activate Cycle Academy and the Association of Cycle Traders (ACT) to provide a Cytech Technical e-Bike qualification

15 Jun 2023

Hubtiger has been revolutionising service and repair operations for numerous service-based shops with their powerful software. Now, they are thrilled to announce the expansion of their software...

15 Jun 2023

A new and improved traineeship programme for women and non-binary people being implemented by  Bike for Good, which delivers Cytech training in Scotland, is proving successful.

14 Jun 2023

The introduction of a 'death by dangerous cycling' law, proposed by then-Transport Secretary Grant Shapps last year, is unlikely to be passed before the next general election due to a lack of...

14 Jun 2023

ACT Gold Member Don Valley Cycles, dubbed “Doncaster’s favourite” cycle shop, has marked its 30th anniversary in business with a 300-mile bike ride.

13 Jun 2023

E-bike brand Cowboy has launched a retail partner network as it looks to expand its retail and service presence across Europe.

7 Jun 2023

NatWest is launching a software-only point-of-sale (softPOS) solution that will enable merchants in the UK to accept in-person contactless payments on Android NFC smartphones.

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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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