While many organisations have implemented a business continuity plan (BCP) into their framework, many don’t possess a management plan specific to cyber-risks, also known as a cyber continuity.

Considering the high-profile data breaches that have occurred in the past couple years, such as Facebook, British Airways or TalkTalk, along with strict data protection requirements by the General Data Protection Regulation (GDPR), failing to account for cyber-exposures in your organisation’s BCP is a risk you simply cannot afford to take.

When a data breach or other cyber-event occurs, the damages can be significant, often resulting in legal actions, fines and serious financial losses.

What’s more, cyber-exposures impact businesses of all kinds, regardless of their size, area of focus, or status as a private or public entity. Even the most secure organisations are at risk of a data breach.

For the full article by R.T. Williams click here

About R.T. Williams Insurance Brokers Ltd

We’re expert, trusted insurance brokers who can meet all your insurance needs. Our friendly, professional staff provide a first-class, quality service for all our clients, both personal and commercial.

Disclaimer: Any views or opinions represented in this blog are personal, belong solely to the blog owner and do not represent those of Plus Accounting.