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What’s Your Business's Cyber Risk Exposure Score?

Posted Aug 9th, 2019 in Media, General, Insurance Tips, Commercial Insurance, Did You Know?, In the News

In recent years, cyber-attacks have emerged as one of the most significant threats facing businesses of all sizes. Due to this, it’s vital you protect your interests by finding out your cyber risk exposure score – we’ve shared how.

What’s Your Businesses Cyber Risk Exposure Score? Youngs Insurance, Ontario

The real threat that’s lurking around the corner…

The Internet and other network operations have created risks that were unheard of less than a decade ago. When cyber-attacks, such as data breaches and hacks occur, they can result in devastating damage.

If your business is compromised and experiences cyber exposure, it could impact your business with disruptions, revenue loss, legal fees, and forensic analysis, and customer or employee notifications. As a result, cyber liability insurance has become an essential component of any risk management insurance program.

No business is immune to cybercrime.

Regardless of your business size, every organization is susceptible to the risk of a data breach and cybercrime.

Often small to mid-size businesses don’t implement proper security protection, because they don’t deem it necessary. Unfortunately, this makes them more vulnerable to experience a cyber breach. The Globe and Mail posted an article explaining that more than half of small to mid-sized businesses have experienced a data breach and staggeringly over 75% of them could not regain their data.

Find out your cyber risk exposure today:

In an effort to bring the importance of cyber risk to your attention, we’ve created a Cyber Risk Exposure Scorecard that will help you assess your business's level of exposure.

How does it work?

  1. Download our Cyber Risk Exposure Scorecard
  2. Read the questions and answer them with – YES/NO/UNSURE
  3. Each response will be assigned a numerical value depending on the answer
  4. At the end, you will total your score to determine your business's level of cyber risk

Cyber Risk Exposure Scorecard Download »

If you’d like to review your Cyber Risk Exposure Scorecard results with one of our trusted Commercial Insurance Brokers, please don’t hesitate to contact us today!

Remember, you can lower your cyber risk and protect your business from a cyber attack and data breach.

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