The document discusses the types of data companies may hold, including personally identifiable and commercially sensitive information, and the risks associated with data breaches. It highlights various causes of data loss, such as human error and third-party failures, stressing the importance of cybersecurity and insurance protections. ERA Insurance Cost Management Limited offers specialized services and expertise to provide tailored cyber risk protection solutions for businesses.

1. General Insurance Review Services
What type of data does your company hold, credit card,
client information, personal information, client records?
Is any of this information personally identifiable or commercially sensitive, names, addresses, client
data, bank account details, technical specifications?
Where is the data stored and who has access, CRM systems, cloud services, outsourced servers, IT
department?
Many companies are not equipped or insured to protect their data or any consequential loss. One
only needs to think back to the crisis that affected RIM, the company behind Blackberry, in October
2011. Even a company whose network security was thought to be of the highest quality can suffer
downtime.
Data breaches can happen in a number of ways, the most common are, virus, hacker, fraud, web
attack, however just as common are:
• Human error, an employee working from a laptop, tablet, smartphone, leaves it in a public place.
• Ex-employee, a former employee who leaves on bad terms could wreak havoc.
• Accidental, an employee or partner unwittingly sends the wrong or unprotected data.
• Third party, where business partners fail to enforce data security measures.
• Career building, an employee downloads data from work systems and takes it home for potential
future use.
Does your broker have the detailed knowledge to advise you on the solutions available in terms of
cyber risk protection? Does your broker have access to this specialist market and able to tailor the
right solution to meet your specific needs?
ERAICM will only introduce insurance experts with a proven background in your business
sector and subsequent requirements.
This is a free service unique to ERA, why not find out how we may help you
by contacting:
Matchmaker
Cyber Liability Protection
ERA Insurance Cost Management Limited:
Delivering more efficient, effective and
competitive insurance cover
ERA Insurance Cost Management Limited visit: www.eraicm.co.uk