In our latest case study, we explore the invaluable benefits of Cyber Insurance and Ransomware Insurance Coverage, shedding light on the critical role these policies play in safeguarding businesses against the growing threat of cybercrime.
The Attack
On Sunday night, a client faced a ransomware attack and promptly notified their insurer. The insurers incident response team sprang into action that same night after consulting with the client. The cyber-attack caused significant disruption to the client’s business operations, leading to over three weeks of downtime due to sensitive data theft.
The Solution
While many insurance policies typically stop covering business interruption once the cyber event concludes, the policy arranged by Anthony James and the insurer, offered a 12-month indemnity period that extended beyond the end of the attack. This crucial feature enabled the client to recover from the financial losses incurred during the three weeks of business interruption.
Why Work With Us?
At Anthony James, we pride ourselves on our proactive approach to risk management, identifying and addressing potential threats before they escalate into full-blown crises. Our journey begins with expert risk assessments, where we meticulously analyze the unique vulnerabilities of each client’s business. Recognising cybercrime as a significant and evolving risk, we leverage our extensive network of insurers and strong industry relationships to craft tailored insurance programs designed to mitigate these threats effectively.
Get In Touch
Don’t wait until it’s too late to protect your business from the very real threat of cybercrime. Reach out to us today to learn more about our Cyber Insurance and Ransomware Insurance Coverage options. Our team of experts is ready to assist you in fortifying your defenses and safeguarding your business against digital threats.
Contact us today at 01509 274000 or via email at info@ajibl.com to take the first step towards comprehensive cyber risk protection. With Anthony James by your side, you can navigate the complexities of cybersecurity with confidence, knowing that your business is in capable hands.
