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Protecting intangible assets

Cyber attacks, intellectual property threats and reputational damage suffered by companies – these new and evolving risks can often affect intangible assets and can cost a customer money despite no physical disruption. 

We’ve listed here five things you might not know about these new perils.

TMK’s enterprise risk team provides insurance products that protect against these new risks that companies face.

You can contact our team:

Paul Gooch – Cyber

Aoife Woulfe – Intellectual Property

Edward Parker – Reputational Harm  

Patrick Cannon – Head of Enterprise Risk Claims

T: +44 (0)207886 9000

Damage to reputation remains the top concern for Risk Managers in a 2018 survey.

94% of malware is delivered through email phishing.

(Source: Verizon report – 2019 data breach investigations)

Reports show a 72% hike in cybercrime in the last five years.

(Source: Accenture report – The Cost of Cybercrime)

Employees are often the root cause of successful cyber attacks.

(Source: Accenture report – The Cost of Cybercrime)

"It takes many good deeds to build a good reputation, and only one bad one to lose it."

Benjamin Franklin