Page 12 - The Bureau - Cyber Security Awareness e-book.indd

Most firms have smoke and fire alarms throughout their offices and hold regular fi re drills,
but they still insure the business against fire. The same should apply to your cyber risks, even

when you have taken all the steps to keep the business safe from a cyber attack, you still need
to insure against it.
GDPR requires an organisation to report a cyber breach, where personal data has been lost,
in 72 hours. There are heavy fines and penalties for not reporting, so who are you going to call;

the company solicitors, the accountants, the police, who?

A Cyber Risks or Commercial Crime Insurance Policy is the answer. It gives you access to
a 24/7 Helpline to call when you suspect a cyber attack. This will help with deciding whether
personal data has ACTUALLY been lost or stolen and whether to report it or not; help with
contacting customers where and when required; access to forensics; help with data restoration;
help with legal expenses and help dealing with and managing possible fines and penalties.

This is the single most important reason for having a cyber risks insurance policy. The features
and functions of most cyber risk insurance policies offer these core covers and give you that

crucial lifeline when you suspect or have had a cyber breach incident.

What you least expect sometimes happens!

Cyber Security Awareness
___________________________________

The Bureau has been busy developing a range of cyber security services for its customers to
form its Cyber Security Awareness Programme. The prime aim of the programme is to
educate and train customers and other firms to become cyber crime and fraud resilient

through security talks and cyber awareness training.