Cyber insurance for Newport businesses
Newport's manufacturing and technology businesses face a ransomware threat that has evolved. It is no longer just about locking the systems; it is about the data, and the threat to leak it.
Where the risks come from for Newport businesses
In double-extortion ransomware, attackers both encrypt a business's systems and steal its data first, then demand payment to unlock the systems and further payment not to publish the data. Even a business with good backups, able to restore, still faces the threat of its stolen data being leaked.
A Newport example
A Newport business is hit by double-extortion ransomware: its systems are locked and its data stolen, with a threat to publish it. Cyber cover funds the incident response, the restoration and the extortion handling, and responds to the data exposure and liability, whatever is decided about the demands.
What cyber insurance covers
Cyber cover meets the full sweep of a double-extortion attack, the restoration, the extortion response, and the data-breach exposure and liability, because backups alone no longer answer the whole threat. It reflects how ransomware actually works now.
Placing it in Newport with Apex
We make sure the cover reflects that ransomware now steals data as well as locking it. 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.