Ransomware is a form of malware that encrypts a victim’s files so that data cannot be accessed. The attacker then demands a ransom from the victim in exchange for restoring the data. Some of the more aggressive forms of ransomware exploit security holes in operating systems, infecting computers without the need to deceive users. One such security vulnerability is BlueKeep, discovered in May 2019 to be affecting older versions of Microsoft Windows.
Have you been joining many other UK businesses in stockpiling imported goods ahead of a hard or uncertain Brexit? If so, or if you are considering it, aside from the practicalities, financial impact and logistics, there is something else of vital importance to consider: insurance.
2018 was a busy year for cyber-attacks and data breaches: it’s time to make sure your business doesn’t get caught out in 2019 by checking your policies to ensure you are covered for everything you believe could pose a risk within your business. Remember: cyber crime insurance is NOT usually covered on a commercial combined policy.
You may remember in the past when arranging your buildings insurance policy being asked if your property was mortgaged. If it was, you would be asked for the lender’s details, and these would be noted as ‘an interest’ on your policy. But have you noticed that the question is rarely, if ever, asked these days? There is a reason for this.