The increasing sophistication of cyber criminals, frequency of major cyber attacks and the greater regulatory emphasis on data protection can make it challenging for insurers to understand their exposure to cyber risks and data breaches. Cyber security risks are constantly evolving, making it easy for a business to fall behind. Without an awareness of the technology necessary to protect against cyber attacks and to protect a businesses’ digital footprint, there is increased risk to the business. The implementation of GDPR means it is even more important to ensure data is correctly stored, handled and protected. Effective management of a business’ cyber exposure can reduce reputational harm risk and minimise potential for financial sanctions. The biggest vulnerability for a business is poor education, training and preparation.
Headed by Pro Global Global Head of Infosec Richard Robertson, and launched in partnership with cyber and information security services experts Cyber Security Associates (CSA), Pro’s Cyber Audit Practice is truly unique. As well as partnering with CSA to provide 24/7 monitoring of a business’ systems to identify potential attacks, we have (re)insurance SMEs and cyber security experts who can work collaboratively with insurers to provide the only shared knowledge solution by a UK company.
