Paragon Prime

Threats to your business

Ransomware
Loss of data
Hack of sensitiveinformation
Loss of income
Regulatory Breach
Human Error
System Error
SocialEngineering
ReputationalDamage

Ransomware

Remember WannaCry in 2017? That was ransomware on a global scale; malicious software designed to block access to a computer system until a ransom is paid, usually in cryptocurrency. Extortion is one of the most common forms of cyber security breach.

Loss of data

Losing or destroying data can cause irreparable harm to your company. Restoring it is expensive – lawyers, IT forensics, public relations and credit monitoring may all be required to get your company back on its feet.

Hack of sensitive information

Do you know what sensitive information you hold, and where it’s stored? Even an unsuccessful attempt to steal it can result in costs and regulatory burdens to your company (think… GDPR).

Loss of income

Cyber events create business interruption. Whether it impacts your revenue stream, customer experience or profitability – it is important to know that cyber insurance can transfer this risk, and pay for your extra working costs too.

Regulatory Breach

Your company needs to comply with data protection laws and regulations… here comes GDPR again. If there is even the suggestion that your company has failed to comply, you could be looking at an investigation and worse still, a fine. A really big one.

Human Error

A large proportion of breaches occur due to human error of some kind. We are all fallible, mistakes will be made and they can have severe consequences for your company.

System Error

Companies are reliant on their computer networks and systems to operate. System errors can occur through no fault of your own, or through human error, causing system downtime and revenue loss.

Social Engineering

Criminals use deception to manipulate your employees in the hope of gaining access to confidential or personal information and, more importantly, money. You’d be amazed how often this happens!