Why you should consider cyber insurance for your garden centre

What is cybercrime?

Cybercrime is when one person or a group of people gain unauthorised access, or cause damage, to computers, networks, data or other digital devices, or the information held on those devices.

Does this sound familiar? You may have even been targeted already but not realised, such is the discrete way certain ‘cyber criminals’ operate.

There are numerous examples to be wary of including hacking or unauthorised access into online accounts (e.g. banking, email or social media accounts), denial of service attacks, or devices being infected by a virus or other malicious software (including ransomware).

If you have electronic access to personal and/or customer information, product data, and/or details that prevent you from running your garden centre on a day-to-day basis, then you are absolutely at threat, and such examples are just a few of the areas specialist cyber criminals might target.

Benefits of cyber insurance for your garden centre

Once you are aware of the threats (of which there are many), it’s important that you not only pick the right cyber insurance cover, but that you are aware of what the benefits are, and how they can assist you should you be impacted.

For example, data is a buzzword at the moment, but if you lose anything important, make sure that you have the correct data recovery service in place.

Have you also considered the hassle a cybercrime could cause if it forces an interruption to your business?

So many businesses do not have the necessary cover in place that provides compensation for loss of income, including reputational damage, should a hacker target your system(s) and stop you or your business from earning revenue.

Not to mention the time and cost it could take to repair, restore or replace something that is business-critical if a hacker causes damage to your websites, programs or electronic data.

Cyber-enabled crimes are becoming more and more common and with further improvements in technology and more sophisticated cyber criminals emerging, cybercrime is unfortunately an issue that is unlikely to disappear anytime soon.

That’s why it’s essential that you have in place the necessary garden centre cover to protect you fully, should you become a victim of a cyber-crime.

If you have a question about anything we’ve discussed in this article our would like to speak with a member of our expert team to explore it in more detail, get in touch with our team today.