Cyber insurance for Shrewsbury businesses
Shrewsbury's small and medium businesses mostly outsource their IT to a managed-service provider, one firm looking after many companies' systems. That efficiency concentrates risk in a single point.
Where the risks come from for Shrewsbury businesses
When a managed-service provider is compromised, an attacker can reach into every business it looks after at once, using the provider's trusted access as a master key. A single MSP breach can become a breach of dozens of its clients, none of whom did anything wrong.
A Shrewsbury example
The IT provider looking after a Shrewsbury business is compromised, and the attacker uses its access to breach the business along with the provider's other clients. Cyber cover meets the business's own response, recovery and liability, an exposure it inherited through its trusted supplier.
What cyber insurance covers
Cyber cover responds to breaches that reach a business through its IT or managed-service provider, meeting its own response and liability. As businesses concentrate their IT in one provider, that shared exposure grows.
Placing it in Shrewsbury with Apex
We make sure the cover reflects a business's reliance on its IT provider, and the risk of a breach through it. Apex arranges cyber cover through one named broker. Authorised by the FCA; established 2009.
Related
- Business insurance Shrewsbury
- Ransomware and professional firms
- Cyber insurance for professional firms
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.
