Analysis

UK government scheme Cyber Essentials insurance is ‘appalling’ for SMEs

By 2023-01-30T07:00:00

cyber insurance (5)

The National Cyber Security Centre’s initiative demonstrates both opportunities and obstacles for clients, say insurance industry leaders

While UK government scheme Cyber Essentials works to protect SMEs from cyber risks, it can provide a false sense of security that firms are completely protected.

This was the subject of much debate at Insurance Times’ Cyber risk: What is it and what does it mean for the sector? roundtable, hosted in association with professional services firm RSM last week (26 January 2023).

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