In recent years, cyber attacks have emerged as one of the most significant threats facing organisations of all sizes. The Internet and other network operations have created risks that were non-existent less than a decade ago. When cyber attacks (such as data breaches and hacks) occur, they can result in devastating damage, such as business disruptions, revenue loss, legal fees, a permanently tainted reputation, and more.
It is important to remember that no organisation is immune to the impact of cyber crime. As a result, cyber liability insurance has become an essential component to any risk management programme.
Instructions: Begin by answering the questions below. Each response will be given a numerical value depending on the answer:
|YES: 5 points||NO: 0 points||UNSURE: 5 points|
After completing all the questions, your total score will determine your organisation's level of cyber risk using the scale below.
Escalated Risk: 55-100
High Risk: 30-50
Moderate Risk: 15-25
Low Risk: 0-10