Cyber insurance for Swansea businesses
Swansea's technology businesses and university spinouts build their software, like everyone's, on a foundation of open-source components, free, shared code that underpins the modern internet. A flaw in that shared foundation is everyone's problem at once.
Where the risks come from for Swansea businesses
Most software today relies on open-source libraries and components, and when a serious vulnerability is found in a widely-used one, every business whose software includes it is suddenly exposed, until each can identify and patch it. A single flaw can put countless businesses at risk overnight.
A Swansea example
A critical vulnerability is disclosed in an open-source component built into a Swansea business's software, and attackers race to exploit it before it can be patched. Cyber cover meets the incident response and recovery, reflecting an exposure the business inherited through the very building blocks of its systems.
What cyber insurance covers
Cyber cover responds to breaches through vulnerabilities in software components, including the open-source code businesses build on, meeting the response and recovery. Knowing what your software is made of, and patching fast, reduces the risk.
Placing it in Swansea with Apex
We make sure the cover reflects that a business's software is built on shared code, and the risks that come with it. Apex works through one named broker and 30-plus markets. FCA authorised; established 2009.
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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.