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Category Archives: Cyber Crime

Organisations can leverage GDPR compliance to strengthen overall cyber risk management.

Complying with the GDPR by 25 May 2018 is a business-wide challenge that will take time, tools, processes, and expertise. It may also require significant changes in an organisation’s privacy and data management practices. But focusing on the scramble to comply with GDPR, while important, misses the broader impact that compliance efforts are having. In  Continue Reading »

Cyber – Are you constantly transmitting data?

From your 6.15am alarm call to lights out and head on the pillow, you’re transmitting and sharing data throughout your day. Just take a moment to think about a day in the life of your data journey and how quickly personal and business information is shared going about daily routines: 7.30am – Catching up on  Continue Reading »

What is Ransomware?

Definition: A type of malicious software designed to block access to a computer system until a sum of money is paid. Although ransomware is usually aimed at individuals, security experts have warned that ransomware is the fastest growing form of computer virus and it’s only a matter of time before businesses are targeted as well.  Continue Reading »

Top tips for educating employees about Cyber Security

Over the last year the world has become well accustomed with the idea of cyber data breaches. It seems like a new huge data breach has been reported week after week. From Talk Talk to Ashley Madison, with each breach exposing more records than the last. While these threats are most often initiated by outsiders  Continue Reading »

Top 10 Cybersecurity Tips for SME’s

For a number of years the average small or medium sized business was an unlikely target for a cyber-attack. Fewer rich pickings and relatively unknown brand worked in their favour as it wasn’t worth the time and effort for the average cyber-crook or delinquent hacker. But not anymore. Smaller companies are becoming increasingly eye-catching because  Continue Reading »

Cyber Liability Insurance: No longer a want but a need for businesses

Cyber insurance is an important ingredient for companies as it covers the damage and liability caused by a cyber attack, which is usually excluded from traditional liability coverage. Stricter data privacy notification laws, government incentives, cloud adoption and the increase in high-profile hacks and data breaches have all contributed to the significant increase in the  Continue Reading »

Cyber Risk Insurance – What is covered?

Cyber risks are generally excluded under a standard business interruption or liability insurance policy.  The potential losses fall into 2 categories: FIRST PARTY (OWN LOSS) EXPOSURE: This emanates from a network interruption to a company’s own computer system which causes them a business interruption loss. Losses could include the loss of revenue / profits /  Continue Reading »

Covered – Facing Up To Cyber Risk

The development of the internet, computer networks and their rapid expansion into most areas of commerce has created a truly global business community and the dependency on IT systems is such that many companies would be unable to operate without them. Cyber crime is  now said to be more profitable than the International drugs trade  Continue Reading »

Data Technology and Cyber Security – A Modern Crime

The estimated cost as a result of cyber-crime in the UK alone is £27 billion Jon Davies at Riskworks Business Services Ltd reiterates the need for awareness and insurnance cover for both businesses and individuals in terms of cyber security Information technology is so powerful and so ever present in business life that we almost  Continue Reading »

Will you be attending the UK Cyber Security Conference: Tuesday 24th March?

Riskworks Business Services Ltd are pleased to inform you all that we will be in attendance on Tuesday 24th March 9am – 6pm with a stand at the Macron Stadium in Bolton for the UK Cyber Security Conference 2015. Full details can be found on: www.cybersecurityconference.org.uk. Exhibition stands over both days will offer the chance to  Continue Reading »

Riskworks Business Services | Fulshaw Hall |
Alderley Road Wilmslow | Cheshire | SK9 1RL Telephone:
01625 547 754
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Conduct Authority

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