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The Potential Cost Of Cyber Crime for Recruiters

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£1.15 million: The potential cost of Cybercrime

Whether you are a big or small recruitment agency, cybercrime is arguably the biggest risk for businesses like yours. Both established or start-up agencies need to protect their data. You only need to read a newspaper or watch the news to know that cyber-attacks are a rapidly growing concern – think the Sony, Carphone Warehouse and Ashley Madison hacking scandals.

Are you a part of the 2%?

According to a UK government report, 81% of large firms have experienced a security breach in the past 12 months. And despite this, only 2% have appropriate insurance cover that could help them recover from a serious cyber-attack. Is this you?

The threat was underlined in a separate security survey by PWC, which found that large firms hit with the most serious security breach incurred average costs in the region of £600,000 to £1.15 million.

SOURCE: jobsatteam.com

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Liz Longman is the Managing Director of TEAM (The Employment Agents Movement). Liz has been involved in recruitment for over 20 years, before joining TEAM some ten years ago she headed up a region for a generalist agency.

Liz covered every sector of recruitment from supplying temporary workers, permanent placements at an Executive level and a Managed Service Contract. Liz has always been passionate about customer service and aims to offer the TEAM Membership and all associated with the network a first class service.

The TEAM network of agencies with over 500 locations and a combined turnover of over £1 billion is the largest network of independent recruitment agents in the UK. TEAM’s main ethos is to assist in the promotion and networking of business and innovations in the recruitment industry across its Membership.

TEAM also works closely with NPAworldwide helping to support its Members recruiting globally.

 

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