Printers in the UK are being urged to reassess their cyber insurance policies following a spate of high-profile cyber attacks. Recent incidents, including the ongoing Marks & Spencer’s situation that could cost £300 million, highlight vulnerabilities in the printing industry, especially in accessing sensitive customer data.
Key Points
- A rise in cyber attacks has prompted UK printers to evaluate their cyber insurance coverage.
- Many off-the-shelf cyber insurance policies offer inadequate protection, leading to significant financial risks.
- High indemnity limits and additional services, like Cyber Awareness Training, are essential for comprehensive coverage.
- Implementing strong cyber security practices can help mitigate premiums and reduce risk.
- Certification programmes like Cyber Essentials can enhance a company’s profile and security posture in the eyes of insurers.
Why should I read this?
This article is a must-read for anyone in the printing industry looking to safeguard their business against cyber threats. It’s not just about having insurance; it’s about having the RIGHT insurance and ensuring your systems are secure. Don’t wait for a disaster to hit—get ahead of potential risks now!
