Continuing our series on the five tangible business benefits of Cyber Essentials, we now look at the fourth business benefit.
Small and medium sized businesses are a prime target for cyber crinimals and are frequently hacked, often losing lost thousands of pounds,
but also finding themselves in a precarious financial position because the money lost can mean the difference between the business collapsing or
remaining viable.
Cyber Essentials comes with free Cyber Indemnity Insurance worth £25,000, and is available to any UK resident organisation. A core component of
risk mitigation strategy is the ability off-set risk by taking out insurance, and Cyber Indemnity insurance is rapidly evolving to address
cyber security risks, so having the ability to acquire free Cyber Indemnity Insurance is surely a benefit worth having for any organisation.