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20 Sep 2022

Bike for Good, the Glasgow-based cycling charity and social enterprise, today announced its partnership with Cytech the internationally recognised training and accreditation scheme for bicycle...

20 Sep 2022

There is a growing movement demanding that roads be made safer for children to cycle to school, with local authorities being called on to redesign local roads and neighbourhoods to provide safer...

20 Sep 2022

Travel insurance comparison site, Comparethemarket, has compiled a list of the top 20 most Instagrammed cycling routes across Europe as inspiration for an exciting cycling break.

15 Sep 2022

BIES Retail has created a visual toolkit for all organisations, and the public sector during this time of mourning to show the country speaking with one voice of unity.

14 Sep 2022

The owner of a butcher ‘s shop in Ballater, Aberdeenshire has told the Daily Record of his shock at the death of the Queen, who was an often-seen figure in the town near Balmoral.

12 Sep 2022

The owners of a coffee shop in Kent have wanted that they may need to increase the price of coffees to £14 each to meet their rising energy costs.

12 Sep 2022

It has been announced that Monday 19 September will be a national Bank Holiday to mark the date of Her Majesty Queen Elizabeth II's State Funeral.

8 Sep 2022

We’re giving our support again to the #BikeIsBest campaign and particularly its latest billboard campaign which disputes the arguments that electric vehicles are a "catch-all" solution and...

8 Sep 2022

The new Prime Minister Liz Truss has announced the much-anticipated support plan to help households and businesses cope with rising energy costs.

8 Sep 2022

An investigation by the Daily Telegraph has found that, in the almost 24,000 neighbourhoods where there has been at least one bike theft since June 2019, 87 of cases have been closed without a...

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Protect your business against the fastest growing crime in the UK with cyber insurance

Posted on in Business News , Cycles News

Cyber attacks can occur at any point in time, businesses fend off all types of cyber attacks around the clock, 24/7 365.

From insider threats, through social engineering, to phishing, malware cross site scripting cyber attacks can start anywhere at any time.
For the majority of businesses their normal working environment transformed overnight, with COVID-19 restrictions significantly increasing remote working and resulting in greater opportunities for cyber crime. No longer does a company have to just protect its business locations, there are now hundreds, even thousands of locations to protect. Even businesses created to support remote and flexible working struggled to manage the risk and exposure on such a large basis.

The majority of victims of cyber crime are Small to Medium Enterprises. Ransomware attacks, fund transfer fraud, phishing, vishing and social engineering are all made far easier with employees working remotely, combined with insecure home Wi-Fi.

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Lack of investment

The media always report the big security breaches at major well-known companies, however, SME’s are the more common victims of cyber crime and attacks.

The reason you do not hear about SME’s is that no business wants to have their reputation ruined by admitting they have been a victim of cyber crime. The Federation of Small Businesses estimates that SME’s are facing up to 10,000 attacks daily. Cyber criminals see SME’s as easy targets, even though the proceeds are less. A lot of SME’s lack awareness and resources, investment in IT security and staff training on cyber security risks.

To learn more about cyber insurance click on the button below.

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