Are you covered for commercial crime?

MANCHESTER, U.K. - Oct. 5, 2018 - PRLog -- 21^st century criminals are adept at using technology for increasingly sophisticated methods of online crime. News headlines are filled with stories of cyber crimes and digital hacks on our banks and other financial organisations.

Fraudulent activities are aimed at both our business accounts and our personal accounts via computers, mobile, email, and social media channels, leaving those who are less technically savvy exposed to the risks of losing their savings or inadvertently opening a pathway into their workplace.

Stories include;

·         Fraudsters claiming to be calling from your bank. They often have details of genuine transactions which gain your trust.

·         Malware infecting computers and holding multi-million-pound turnover organisations to ransom. All on the back of an innocent click on a link. In the age of internet banking this represents a considerable risk.

·         Supplier frauds, where goods and services are purchased on stolen credit cards, only for the credit card company to claim the money back directly from the victim's account.

·         Genuine looking letters purporting to be from suppliers who are changing their account details for payments. Secondary (and even third) level internal controls for identification and verification are vital in this instance.

There are many other examples and the problem is not going to go away, it will only get worse and the criminals will become even more sophisticated.

Caunce O'Hara (https://www.caunceohara.co.uk/) recognise that this is an area of risk that isn't currently catered for under most insurances and as such we have developed a Commercial Crime insurance product to address the risks that modern criminals pose to businesses today.

We believe the cover to be the widest in the market and that we are the first to offer this cover online, direct to our customers.

Our Commercial Crime policy covers any direct financial loss suffered by you, the policyholder, as a result of the criminal, fraudulent or dishonest taking or appropriation of money, securities, property or funds to your deprivation, by any person. What's even better is that cover starts from as little as £75 per annum (limit of indemnity and turnover dependent).

Commercial Crime Insurance is available to buy online now by calling our friendly account handlers on 0333 321 1403