Insurers Ranked The Controls That Work. Staff Training Came First.

Cyber insurance controls headline card over the City of London skyline and Tower Bridge, reading eleven controls, six beyond Cyber Essentials, in new ABI guidance.

The Association of British Insurers has published what its members’ claims data says actually reduces cyber losses. Several of the controls sit outside Cyber Essentials entirely, including backups. The Association of British Insurers has published good practice guidance on cyber resilience, setting out the cyber insurance controls its members regard as most effective. The document … Read more

Insurers Rule Out A Cyber Insurance Backstop As Capacity Hits Record Highs

The Association of British Insurers and PwC UK set out where the market has grown, where cover stops, and how much of the small business sector still buys nothing. The Association of British Insurers has published its UK Cyber Insurance Market Assessment, produced with PwC UK, and it carries a direct statement of position. Structural … Read more

Ministers Wrote to the Entire FTSE 350 About the Cyber Pledge. They Got Left “Unread”

The UK government launched its Cyber Resilience Pledge at 10 Downing Street on Tuesday. Seventy businesses signed as founding members, including M&S, Aviva, the London Stock Exchange Group, Nationwide, ITV, and Microsoft UK. Here is the number that matters. Last October, government ministers, the NCSC chief, and the NCA head wrote to the chief executive … Read more

Trustify Adds Datasurance Cyber Insurance Policy To Trust365 For MSPs

Trustify’s new pitch comes in hot with these four words: “significant new revenue stream.” Trustify said Tuesday it has added a Datasurance cyber insurance policy to its Trust365 platform, a move aimed at helping managed service providers (MSPs) and IT service providers sell cyber coverage to small and midsize businesses while opening a new revenue … Read more

UK Longitudinal Cyber Survey Flags Cyber Insurance Uptick And Supplier Risk

The UK Cyber Security Longitudinal Survey’s fifth iteration arrived this week. The report tracks cybersecurity changes across the same organizations, including medium- and large-sized businesses and high-income charities. The first “wave” of data came out in 2022. This new release, “Wave Five,” follows medium- and large-sized businesses and high-income charities. The study links security practices … Read more

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