Crisis incidents cost UK SMEs £8.8 billion last year

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Crisis incidents, such as cyber-attacks, extortion, industrial espionage and terrorism, are costing UK SMEs billions of pounds a year. Furthermore, subsequent trading paralysis is putting thousands at risk of collapse in their aftermath. UK SMEs paid out an average £6,416.50 last year to deal with crisis incidents, according to research by Gallagher, one of the world’s largest insurance broking…

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