Increasingly we find that clients, in the IT and general consulting areas, are being asked to produce evidence of both professional indemnity insurance and cyber liability insurance. There can be a crossover in covers from professional indemnity insurance into the…
Cyber Insurance Cost The costs of cyber insurance can vary greatly depending on a number of factors which will be highlighted in this post. Depending on these factors, a cyber insurance policy could cost anywhere from €500 to thousands depending…
We have seen a huge increase in demand for Cyber Insurance in the last eighteen months. This is mainly driven by the amount of press coverage relating to the subject and a general increase in the awareness of the covers.…
The first major cyber attack of 2019 came in the first week and its victim was tram operator Luas. The Luas Cyber Attack On the morning of Thursday the 3rd of January a message appeared on the Luas website stating…
Cyber Threats to Irish Businesses Over the past number of years extortion by cyber criminals against small businesses has exploded. Cyber-crime is now a bigger business than the world illegal drugs trade. For Cyber criminals the chances of getting caught…
What does cyber liability insurance cover and why do you need it? The need to have cyber insurance is becoming paramount for Irish SME's. SMEs are also more exposed to attacks as they won’t normally have the same level of…
Cyber-Attacks As cyber-attacks against SMEs increase across the country, most businesses do not recognise the dangers they face. A recent poll in the UK indicates that more than 80% of SMEs don’t see cyber-attacks or data loss as a significant risk…
Client databases could be the pot of gold at the end of the rainbow for cyber criminals. Let us ask you 4 questions. Do you hold personally identifiable information on your clients such as name, birth date, and PPS numbers?…