Understanding risks associated with your company's business on a holistic basis is vital in order for us to be able to offer solutions and services in all risk areas: strategic risks, operational risks, risks of loss/damage and financial risks.
Cyber risks constitute a growing risk in the field of risk management. Data security threats are mounting and becoming more complex all the time and hackers are becoming more adroit. A huge dependence on various IT systems and the previous digitisation of physical processes mean that cyber risks concern all of us in a way or another.
Take care of your company´s reputation
Ensuring data security is of primary importance when securing your company's business continuity. In addition to financial losses, a loss of reputation or at least a dent in reputation may be an even bigger damage to your company. You should therefore pay particular attention to the fact that your data security is up to date and up to standard.
A human factor is also always involved in cyber risks. A large number of occurred cyber risk loss events result from, or are enabled, by people's acts or omission of acts. Creating a good data security culture necessitates a lot of training at all organisational levels, top management commitment and all employee's involvement.
Update your company´s contingency plan
Quick response and countermeasures mitigate losses in the case of cyber security incidents. A business continuity plan forms a fundamental basis for preparing for a cyber-attack. On the basis of a well-designed plan, a company knows immediately what to do, in what direction to head and where to find a solution. The plan provides instructions on fending off cyber-attacks and, when a cyber-attack happens, instructions, say, on crisis communications and on how to act towards customers. You can enhance your preparation for cyber risks by taking out OP's cyber-insurance. We want to offer your company the best possible tools to resolve the crisis situation and survive it.
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