News & Insights
Month: November 2020
Professional Indemnity (PI) insurance covers individuals or organisations who provide professional services. Sometimes things can go wrong, and can lead to great expense, either for the client or your business. This could lead to claims originating from things such as breaches of professional duty, negligence, or just plain human error. However, when taking out PI insurance, you are not only protecting yourself from claims against like these, but also against the damages that can come from defamation. More > "PI Insurance and Defamation"
Cybercrime is on the rise. The latest trends are seeing ransomware as the most prevalent type of cyberattack. Even if you have an IT team on hand, or use a cloud to store data, you are still just as vulnerable to cybercrime. Both Managed Service Providers (MSPs) and Application Service Providers (ASPs) are experiencing an increase in severe cyberattacks, as are most businesses in the UK. According to Checkpoint, a leading provider of research in cyber threat intelligence, the UK has experienced an 80% increase in ransomware attacks in the past quarter. MSPs and ASPs are a key target as they provide a gateway for hackers to a multitude of businesses and network servers.