Armed against the rising threat of cybercrime

Why are cyber risks increasing so dramatically?

In recent years, digital transformations have accelerated significantly. AI has made processes more efficient but has also created new opportunities for hackers to manipulate systems. Remote working means employees often operate outside secure company networks, making it easier for cybercriminals to exploit weak security or human errors.

Even with a solid cybersecurity policy, a company can still be severely affected by external factors. Take the CrowdStrike crash in 2024, for example, where an incident shut down 8.5 million systems worldwide, proving that a failure at one provider can trigger a chain reaction across industries.

Humans, the weakest link

Cyber statistics increasingly show that social engineering is one of the most successful attack methods. Hackers impersonate trusted parties—such as a colleague or IT support staff—to trick employees into sharing login credentials or access codes. They also lure employees into clicking malicious links that spread malware, infecting systems and compromising sensitive company data. These attacks are rising year after year, reinforcing the idea that cybersecurity isn’t just about technology but also employee training and awareness.

SMEs Becoming Prime Targets

While cybercriminals used to focus on large corporations, there has been a clear shift toward SMEs (small and medium-sized enterprises). In 2007, only 10% of cybercrime victims were SMEs, whereas in 2024, this figure has risen to nearly 30%. This highlights the urgency for smaller businesses to strengthen their cybersecurity as they are no longer safe from attacks.

Prevention is better than cure

The best defence against cyber threats is a proactive approach. Businesses must invest in advanced security measures and a cyber insurance policy that not only covers financial risks but also provides 24/7 support from cybersecurity specialists. These experts can react swiftly to cyber incidents and have the necessary experience to limit damage and costs effectively. Specialists recommend allocating 10% of the IT budget to cybersecurity to enhance digital infrastructure protection and strengthen defence against future cyberattacks.

Secure your business against the growing threat of cybercrime with Van Dessel Cyber Insurance

Our cyber insurance covers the following risks:

• Protection against cyberattacks, such as hacking, phishing, and ransomware
• Financial compensation for losses due to data breaches and business disruption
• Crisis management and communication support during a cyber incident
• Legal assistance in case of claims from customers or business partners
• Restoration of IT systems, websites, and data after an attack
• Forensic investigation to determine the cause of a cyberattack
• Monitoring services to prevent future breaches

Avoid financial losses due to cyberattacks and ensure the continuity of your business. Contact our experts today and protect yourself against the rising threat of cybercrime.