Social Media Insurance

Socia MediaThe use of Social Media is growing.  More and more of us are using Facebook, Twitter, Linked in, Google + and the like.  Not only is it being used by individuals but also business.  This is great as it delivers huge opportunities for everyone but what about the darker side?  Businesses are being exposed to a huge range of possible scenarios, for example privacy, security, intellectual property, employment practices, the list goes on.

So what can you do?

The various cyber threats businesses face, including attacks on websites and the loss of reputation risk is increasing.  To combat this there  are various “cyber liability” insurance policies available.  Although these policies have been available for some time, many businesses do not fully perceive the risk they face and often ignore the cover.  It is thought that business in general is now at risk and cyber attacks often sited as a material risk by many.  The potential to loose confidential information through the use of social media is also thought to be a high risk. Obviously each business has different risks associated with its exposure to cyber threats and insurance policies can be built up depending on their individual requirements.

If you would like further information or a quotation for Cyber Liability, please call us on 01707 883377 or email us on info@bromwall.com

 

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