Living in a digital world, cyber insurance is a must

Picture the scene: it’s a regular morning in your practice - but when the front desk team switches their computers on, a hostile message appears on screen, informing them of a ransomware attack on your system. You now have no access to any of the software that you not only rely on for day-to-day operations, but that also contains sensitive data, including financial information. Panic turns to distress – could this have been prevented? What are the next steps? Will there be any long-term impact?  

Or imagine another scenario: you’re checking your banking app and see a flurry of transactions you don’t recognise. You get a sinking feeling and know a speedy response is necessary for damage limitation. You’re also trying to think how this could have happened and are worrying if any of your personal details are in the wrong hands.  

A cyber-attack can be devastating and, in this digitised world we live in, everyone is at risk. Large scale corporate data breaches may make the headlines, but even small businesses get targeted as well as individuals.