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4 December 2017Data breaches: the growing risk

Data breaches: the growing risk

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Did you know…

…that SMEs fell victim to 7 million cybercrimes over 2014 and 2015?1

What is a cyber breach?

A cyber breach is an incident in which sensitive, protected or confidential data has potentially been viewed, stolen, transmitted or misused by unauthorised users.

Case study

A renowned UK mobile phone company experienced a data breach affecting 76,373 customers. The fraudsters managed to gain access to the upgrade database in the company’s computer system, which included the names, phone numbers, addresses, dates of births, payment method and some email addresses of over 130,000 customers, causing huge disruption to business operations².

What can you do to protect yourself?

At Gallagher, we’ve developed a tailored policy which can help to mitigate the financial and reputational damage that a cyber breach can cause, both which can result in significant loss of earnings for a business. Our cyber specialists can help you to handle the fallout from the breach, getting you back in business as quickly as possible.

Watch our data breach video to find out more about how we can help businesses mitigate the growing cyber risk:

For further information and to download our cyber insurance EBook please visit uk.ajginternational.com/cyber-insurance/

1 Federation of Small Businesses (FSB): Cyber Resilience Report 2016
2 https://www.theguardian.com

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