Overview
Cybercrime is one of the fastest-growing risks for businesses in Ireland, with attacks becoming more frequent, sophisticated, and financially devastating. Whether you operate a small business or a large corporation, no organisation is immune. As businesses continue to digitise operations and store valuable customer data, cybercriminals are exploiting vulnerabilities to steal sensitive information, disrupt operations, and demand ransom payments.
According to the Hiscox Cyber Readiness Report 2024
- On average an Irish business experienced a cyber-attack every 6 days.
- 74% of organisations reported an increase in cyber-attacks over the past year.
- 76% consider cyber resilience crucial to their overall business strategy.
- 65% believe reputational damage from a cyber-attack would significantly harm their business.
- More than 1 in 10 reported a financial cost of attacks of between €1m and €10m.
According to Cisco, phishing is the most common form of cybercrime, with an estimated 3.4 billion spam emails sent every day.
With attacks becoming more frequent, costly, and sophisticated, Irish businesses must take proactive steps to assess their vulnerabilities, strengthen their cybersecurity measures, and secure financial protection through cyber insurance.
Cyber Prepare : Assess & Strengthen Your Cyber Resilience
The first step in protecting your business is understanding your cybersecurity vulnerabilities. Cyber Prepare is an assessment tool designed to help Irish businesses evaluate their cyber risk exposure and implement stronger security measures.
How Cyber Prepare Works
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Interactive Cyber Risk Assessment
A structured questionnaire helps businesses identify weaknesses in their cybersecurity practices.
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Attackers’ Eye View Scan
A non-invasive scan analyses a business’s online presence to detect vulnerabilities from a hacker’s perspective.
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Dashboard & Reporting
Businesses receive a detailed cyber risk report with recommendations for improving security.
With Cyber Prepare, businesses can gain a clear understanding of their risk profile and take proactive steps to mitigate threats before an attack occurs.
Download BrochureOur Specialised Cyber Insurance Solutions
Even with strong cybersecurity measures in place, Cybercrime continues to rise in terms of frequency, cost and complexity, affecting private individuals and organisations alike. Despite this, the take up of Cyber Insurance remains low. Protect your data, your business, and your future with a comprehensive cyber insurance policy.
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Loss of profits because of a cyber incident
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Data restoration and rectification costs following a cyber incident
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Legal liability because of a breach of personal data/confidential information
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Inadvertent breach of intellectual property rights via cybermedia
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24/7 access to IT forensics, data breach/legal experts and public relations advisers, to provide support in the event of an actual (or suspected) cyber incident
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Support in complying with data protection legislation and notification obligations following a data breach
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Access to specialist ransom and extortion advisers
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Many cyber insurers offer optional cover for financial loss as because of cyber attacks such as a phishing scams.
Why Choose Campion Insurance?
With over forty years as one of the largest brokers in the insurance industry in Ireland, we have extensive experience working with clients throughout Ireland, providing in-depth knowledge and a reputation you can rely on. As a client of Campion Insurance, you’ll receive our detailed industry knowledge, our first-class personal service, and our full understanding of the risks you face and the pressures of the industry as standard.
Experienced Professionals
Expert team of advisors – available in person, on the phone and online, risk analysis and current policy review, customised insurance cover, Global expertise, backed by the PIB Group
Comprehensive Support
Competitive Quotes, Customised Insurance Cover, Dedicated Claims Service and and a relationship with a provider you can trust, whenever you need it.