Cyber Security Working Group Primer: Cyber Insurance as a Catalyst for Good Security Practice

Today (Monday 13th May), the DPA has launched its primer on the topic of ‘Cyber Insurance as a Catalyst for Best Practice’, which has been developed by the Cyber Security Working Group with input from across the cyber security and insurance industry.

The document stresses that, due a confluence of factors, the cyber insurance market is now sufficiently mature that it would now be an appropriate moment for the government to highlight, as part of its ongoing cyber awareness and prevention efforts, the useful role of insurance in a constantly changing cyber threat landscape. This would feed into two key objectives identified by the Government: making the UK ‘the best place to start and grow a digital business’ and generally to make the UK ‘the safest place online’ and emulating the Home Office’s cyber aware campaign.