The use of internet technology in business is well established in South Africa, and no matter what size or type of business you manage, the chances are that your employees and customers rely on its infrastructure and services.
In addition to relying on a reliable internet system for all your business communications, what about your backups and stored data?
You have established trust with your customers over time and with consistent service, but what would happen if a cyber attack caused a data breach?
The Protection of Personal Information (POPI) Act was signed into law in South Africa in 2013 and is being rolled out across various business sectors. A business is responsible for protecting client’s data, and even if you are already PoPI compliant, any breach could jeopardise the customer relationships you have built.
Customer loyalty is probably your most valuable asset. Apart from cover in the event of a cyber attack for legal fees, any internet service disruption could result in sales and productivity losses that place your business at risk.
Cyber Insurance for peace of mind
Cyber Insurance might not be something you would have considered when you started your business 10 or 20 years ago, but today it has probably become a top priority for most business. Cyber risks are constantly changing and keeping up-to-date can be a full-time job.
Many companies offer different types of cyber insurance. That is why Pogir Group as independent insurance brokers, can evaluate your needs against a wide range of solutions and create the perfect fit for your business.
Even if your business isn’t involved in e-commerce, if you maintain or store customer data in any form, cyber insurance simply makes sense. Cybercrime, phishing, and hacking can happen.
Let us know if you would like to discuss your business cyber insurance needs. We’ll help you to evaluate and determine the right package based on your specific business, or simply keep you in the know with regards your options. Fill in the form and we’ll contact you.