Safeguarding BPMA member businesses from cyber threat and digital risk

Members of BPMA are being urged to proactively implement measures to safeguard their businesses from cyber-attacks.

In December 2023, the UK parliamentary Joint Committee on the National Security Strategy issued a report by the authority of the House of Commons and the House of Lords titled “A Hostage to Fortune – Ransomware and UK National Security“.

In the first few opening lines of the report, it makes the following statement –

“Due to its potential ability to bring the UK to a standstill, ransomware has been identified by UK authorities as the number one cyber threat to the nation”.

Cyber threats are now a common everyday business risk, and at Towergate, we know a cyber incident can happen at any time.

Consider how your business would react and importantly, whether it could cope, if all systems were locked and you were faced with a demand for payment from a cyber criminal in order to get back up and running.

At Towergate we now have access to a new and proactive Cyber Insurance Policy which enables businesses to not just fix problems, but also to identify and manage them, so that they can prevent and minimise the risk of issues occurring in the first place.

The cyber insurance policy we have access to offers protection against data breaches, cyber-crimes, fraud, extortion, data or software loss, network and business liability cover. It also offers access to a 24/7/365 cyber incident response line.

For more information, contact Richard Davies at Towergate Insurance Brokers in Northampton:

Tel: 01604 657348

Email: richard.davies2@towergate.co.uk

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