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The portion of businesses buying cyber insurance reportedly doubled in 2020. Unfortunately, the very same factors that led to this rush to buy, have also led to a change in the dynamics of the cyber insurance market. More cyber criminals are being drawn into the space by increasingly lucrative earnings, and this has led to a rise in frequency of claims.
Recently, a severe vulnerability has been identified in Log4j which is a piece of software widely used by applications and other services across the internet. Read this article to find out more.
The threat of a cyber attack remains one of the biggest potential risks for UK business owners. Taking these small steps will help ensure that your business is protected.
Food and beverage are the largest of the UK’s hospitality sectors and one of the UK’s biggest employers. While the industry is a dynamic and diverse one, businesses are exposed to a common set of risks – from property and equipment to the food itself and, of course, reputation.
Not only does it help protect your staff and keep members of the public safe but it also helps to prevent interruptions to day to day business activities and potentially expensive repair costs.
The in-depth report shows increased concern in respect of the UK economy. With 44% of all businesses having obtained financial support during the Pandemic, the end of Furlough and increased energy prices it estimates 21% are struggling financially with expectations circa 8% are likely to close.
Recent data from RebuildCostASSESSMENT.com has highlighted how on average, buildings are covered for just 68% of the amount they should be in Britain. However, with rebuild costs rising rapidly, the current situation is likely to be even worse.
As coronavirus spreads through the air, the virus can build up in poorly ventilated areas, increasing the risk of infection. It is a legal requirement for employers to ensure an adequate supply of fresh air (ventilation) in enclosed areas of the workplace.
With almost £57,000 of tools stolen every day in 2020, according to data from the Metropolitan Police it’s more important than ever to ensure that you are insured.