Many UK Insurance Companies Would Have Trouble Getting Their Own Cyber Insurance

More than a quarter of top UK insurers could struggle to get cyber insurance due their poor security controls, according to a survey from SecurityScorecard.

“Insurers setting standards that they cannot meet themselves could damage the credibility of those insurers…,” the survey notes.

Mark Sauter

Mark Sauter’s insights on the financial, policy and security elements of cyber insurance are based on years of experience in the investment banking, media and business worlds. Co-author of the McGraw Hill university textbook “Homeland Security: a Complete Guide,” Sauter was also a consultant to one of the world’s largest software companies and served as a US Army Special Forces and infantry officer.