At long last, the wider public is starting to realise that hackers aren’t hooded movie villains – they’re real people doing real damage across the globe, especially in New Zealand and especially to small businesses.

In Part 4 of our Understanding Insurance series we explore how Cyber Liability insurance can protect your business from online threats and attacks.

If you think Cyber Liability insurance* is an extra expense your business doesn’t need, you might want to think again.

These days when it comes to cyber-crime, many types of business in the sights of would-be criminals. No matter what type of engineering business you run, if it’s online then there is a risk, and engineering businesses, you’re no exception!

With more and more businesses opting to operate their business activities online comes the risk of increased online cybercrime, and unfortunately accountants are no exception. Cyber criminals don’t discriminate when it comes to the type of business they are after and are increasingly becoming more advanced in their styles of attacks.

It’s hard to imagine being able to do business without the help of the digital world. Many SME’s rely on some part of their business being online, unfortunately creating the risk for cyber criminals to attack. That’s where Cyber Liability insurance can provide some much-needed peace of mind and protection.

Running a retail store can be a complicated business, with no two days ever the same and many different potential challenges. Regardless if you a have gift store or a bakery, there is always the potential risk for things to go wrong. Having the appropriate retailers insurance in place to protect your retail store is a smart move when it comes to managing the risk of your business.