Cyber insurance for Leeds businesses
Leeds's finance, legal and corporate businesses run on hierarchy and authority, a request from the top gets actioned. Fraudsters have learned to impersonate exactly that authority.
Where the risks come from for Leeds businesses
In CEO or 'whaling' fraud, a criminal poses as a senior executive and instructs a member of staff to make an urgent, confidential payment, exploiting the pressure not to question the boss. The request looks genuine, and the money is gone before anyone checks.
A Leeds example
A finance-team member at a Leeds business acts on an urgent email appearing to come from the chief executive and transfers a large sum to a fraudster's account. Cyber cover with social-engineering and funds-transfer protection responds to the loss, an exposure a standard policy treats as an authorised payment and declines.
What cyber insurance covers
Cyber cover can include social-engineering fraud, answering for money lost to a convincing impersonation of an executive. It is worth confirming the policy covers this human-targeted fraud, not just technical attacks.
Placing it in Leeds with Apex
We make sure the cover answers for the frauds that target people and authority, not just systems. Apex arranges cyber cover through one named broker. Authorised by the FCA; established 2009.
Related
Get the right commercial cover, placed by a named broker
Tell us about your business and we’ll place it on the specialist market — or leave your number and a named broker calls you back, usually the same working day.