Protect your charity from ever-increasing cyber risks
With a quarter of charities experiencing a cyber breach in 2023*, the risk of becoming a victim to a phishing attack, ransomware or other cyber hack has never been greater.
Combine this with the potential fines and penalties your organisation could face under GDPR following a data breach (up to £10m or 2% of annual turnover, whichever is greater) and the subsequent disruption and reputational damage and you can see why having appropriate cyber insurance in place is essential.
What does Cyber Insurance for charities cover?
A Cyber Insurance policy will help protect your charity from the moment a breach is identified. With over 40 years’ experience in the Charity Insurance sector, we can help you find the best policy for your charity’s needs.
An effective policy won’t just cover financial losses incurred, it will also provide access to leading specialists in both cyber security and legal matters that may occur in resolving and containing the breach.
The responsibility for identifying the risks your charity could be exposed to will sit with your trustees and committee. To help, our expert team will take time to understand the risks your organisation faces, we’ll then advise you on the appropriate level of protection you need.
Our independent, ethical team will make recommendations based on:
- The type of information you hold (personal, sensitive and confidential)
- The size of your charity and the volume of information you hold (which will be linked to the activities of your charity)
- Technology risks i.e. how data is stored, shared and accessed.
Source: * Civil Society website
Speak to our specialists today
Get in touch with our charity insurance team today to discuss your needs. We’ll take the time to understand the risks you face and help you get the right insurance quote for your organisation.
See what people have to say about us
Sarah GreenWRS Insurance have been dealing with our insurance since the start of the charity so have really been with us throughout the whole journey. What has been amazing for me is the real personal approach that’s taken. They really want to understand whop we are as a charity, the services we deliver and how they can help in the best way they can. Having a dedicated account manager to be able to talk through issues and make sure we had the cover we needed was absolutely vital. I think it’s important for charities like ours to know that we’re working with an insurance company that has such good ethical values.
Chief Executive, The Katie Piper Foundation