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Taking Control of Your Business Cyber Security: A Leader’s Complete Guide
Cyber security is a big worry for many businesses, and it can take up a lot of time. As a business leader, taking control of your cyber security is important. This isn’t about getting super technical; it’s about having a clear plan. We’ll go through the steps you need to take, and there’s a checklist to help you make sure everything’s in place with your IT team or provider.
Watch: UK Cyber Security & Resilience Bill 2024 Initial Thoughts for Business Leaders AI cyber 22 minutes
Frequently Asked Questions
What Actually Happens When You Have an Incident
If you have an incident, the insurers have specialist consultants who know how to deal with ransomware, attacks, and getting you back online quickly. They often have teams in-house now of specialist consultants. They know way more than anyone’s ever going to know about dealing with these ransomware instances, dealing with attacks, negotiating with hackers, getting you back up and running as quickly as possible.
This is a very, very expensive undertaking. Recovering from a cyber incident can cost thousands, tens of thousands, or even millions of pounds – sometimes more than your annual turnover. So, having this insurance is absolutely critical.
Getting the Right Insurance Cover
When getting insurance, insurers might have demands, but you can still get cover even if you don’t meet all criteria. Just never lie to them, as it could invalidate your claim.
There are a couple of insurers where their policies aren’t worth the paper they’re printed on, because the demands they make are so heavy that no business can meet them. In fact, it’s technically impossible. So, I recommend going for a broker.
This requires no technical skill, and your IT team can help with the questions asked during the application process. Make sure you understand and confirm the answers you provide. There’s not norm
