Retail, IT and Christmas
Richard Hodson, Head of Technology, Media & Entertainment for the Oval Group shares this white paper on why it pays retailers to think beyond the turkey, festive spirit and the busiest sales period of the year.
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Since the Sony PlayStation hack the media has been awash with headlines about big businesses being hacked, institutions facing daily attacks and personal information being compromised. Yet these well publicised attacks are just the tip of the iceberg, little is heard in the UK of breaches suffered by professional organisations, small businesses and public bodies. In a recent report by Detica published jointly with the UK Cabinet office “cyber crime” was estimated to cost UK businesses around £27 billion every year.
In this White Paper the Oval Group looks at how insurance can play its part in managing the effects of a data breach.