Updated: Mar 2
125% Rise in Reported Cyber Crime - Hacking by Cyber Criminals is an Everyday Occurrence
Cyber Risk is a High Threat to Business for Directors and Risk Managers - what are you doing to prevent this risk to your business?
Business Insurance Reports that the average ransomware demands increased to $1.84 million in the second half of 2021, a 20% hike over the first six months of the year, Coalition Inc. said Tuesday 1st March 2022.
An analysis of Coalition’s cyber claims also revealed that ransomware claims frequency increased 23% in the second half, the San Francisco-based managing general agent said in its claims report. Overall, cybercrime claims severity increased 28% to an average loss of $197,000 over the period.
Cyber Training, Support and Insurance is available to Support Protect and Compensate Business from the Costs of Prevention, Restitution, Loss of Business Income and Reputational Harm done by an effective Cyber Attack.
Holtarka has 35+ Years Proven Experience as Risk Consultants and as a FCA Regulated Authorised Representative of Lloyds Broker Bellwood Prestbury to guide, advise, negotiate with Risk Takers to Risk Transfer and recover Losses for our clients. We can help a Business Consider and Manage their Risk as well as to access Effective Support to this real threat. Exporters, Overseas Operators and those in Project Finance have an additional threat level due to some Weak Local Internet Security.
Cyber Insurance Helps Companies Prevent and Return from attack. Insurance Premium is cheaper than an Uninsured Loss and has the benefit of support from Dedicated Service Providers in addition to the Financial Support when things go wrong.
If you would like a Free and Confidential Review for your business give us a call +447979801237 or book an appointment or check our web-site www.holtarka.com.