Cyber Insurance for UK SMEs: Adoption Gaps, Real Losses, Next Steps

Cyber insurance for small and medium-sized enterprises faces clarity and cost hurdles – Despite SME leaders recognising cyber risk, nearly half of uninsured firms self-insure. That choice invites financial ruin after major attacks. Surveying 104 SMEs about cyber insurance, the UK Government’s Department for Science, Innovation and Technology commissioned this study to map the gap. … Read more

Cybersecurity or Cyber Security? CIMA and Templar Don’t Care – They’re Securing Europe Either Way

Attend to the Deed, Not The Word – Whether you write it “cyber security” or “cybersecurity,” the threats are real and rising, and two major organisations just joined forces to fight back. The Chartered Institute of Management Accountants (CIMA) has signed a Memorandum of Understanding with Templar Executives to strengthen cyber resilience across Europe’s finance … Read more

UK Government to Ban Ransomware Payments

Is This the Start of a Global Push to Criminalize Ransom Payments? – The UK government plans to outlaw ransomware payments by public sector bodies. Private firms must report their ransom decisions before making any payments. The plan follows a wide public consultation and reflects growing concerns over cyber attacks on hospitals, councils, and national … Read more

Sygnia Expands Cyber Insurance Strategy with Appointment of Industry Veteran Elissa Doroff

Elissa Doroff Appointed to Lead Strategic Insurance Partnerships Sygnia has appointed Elissa Doroff as Director of Cyber Insurance and Legal Partnerships. She brings two decades of experience in cyber and legal insurance. Her prior roles include senior positions at Mosaic Insurance, Lockton, Marsh, AXA XL, and AIG. Driving Insurance Integration with Cybersecurity Operations Doroff will … Read more

Marks & Spencer’s Cyber Crisis: 12 Lessons on Cybersecurity and Cyber Insurance

Digital composite image featuring the Marks & Spencer (M&S) logo over a London retail street scene, with cybersecurity imagery including binary code, a digital padlock, and the words 'CYBER ATTACK' in red. Keywords: M&S, Marks and Spencer, London, cyber attack, cybersecurity, digital threat, retail security, cyber insurance, cyber resilience.

Anatomy of a Cyberattack – On July 8, 2025, Marks & Spencer Chairman Archie Norman appeared before the UK Parliament’s Business and Trade Sub-Committee. The hearing focused on the April cyberattack that shook the British retail giant. Norman, joined by General Counsel Nick Folland and Corporate Affairs Director Victoria McKenzie-Gould, delivered a sobering account of … Read more

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