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IT, SECURITY & DIGITAL SECTOR NEWS
Cyber security – ensure all your bases are covered Cyber security is a critical issue for all organisations. However, although all organisations are at equal risk of attack, not all have equal resources or expertise to deal with the threats they face. Damages incurred by information security incidents generally aren’t covered in commercial insurance policies, so a specific policy is necessary to help cover the costs. These costs can include things like forensic investigation, incident response and notification procedures. A cyber insurance policy doesn’t necessarily guarantee that you will receive aid following a data breach. Most policies include provisions requiring organisations to follow certain information security best practices. The most common reasons that insurers reject cyber insurance claims are failure to conduct regular vulnerability scans, document an incident response plan, protect data in transit, inspect the security practices of third parties and perform staff awareness training. Cyber insurance is becoming increasingly more complicated and expensive to secure, and insurers are now demanding
more from organisations to prove they are not negligent when an incident occurs. If your organisation already has the NCSC’s basic controls in place, or is Cyber Essentials certified, Cyber Safeguard is the perfect next step to safeguard your organisation with additional peace of mind that you have quick access to cyber insurance as and when your organisation needs it most.
How IT Governance can help Cyber Safeguard protects businesses against cyber attacks quickly and cost-effectively with expert support, training and tools. With Cyber Safeguard, you get access to dedicated cyber security expertise, legal support and specialised cyber insurance cover of up to £500,000 for added peace of mind. If your organisation requires a more involved programme, Cyber Security as a Service expands on Cyber Safeguard, providing guidance from a dedicated cyber security expert and a more comprehensive set of tools.
Cyber Security Leadership Let’s take a quick look at cyber security leadership… Here’s an interesting question to ponder for a few minutes. How much value do you place on three hours of your time as a business or organisational leader? Maybe you thought along the lines of “that’s nearly half a day, I can get lots done in that time”, or “three hours, three meetings, three things dealt with”. Now ponder this, you’ve just been told that your business has been hit by a ransomware attack and you’re the person the team are looking to for quick decision making on how you’re going to respond. Your critical systems are at risk of being taken offline and your highly sensitive customer data is under threat, this could damage your business for a long time. Would investing three hours of your time in building your cyber security knowledge be worthwhile if it meant you could mitigate some of these risks? It’s an unavoidable reality that 100 per cent security from cyber-attacks targeting your business systems and information 16 connected
is impossible, so sending yourself or your leadership team to be trained in cyber and information security may seem like a luxury use of valuable time. However, this training, as opposed to that you would give the IT team or frontline staff, provides the information you need to be able to reduce risk. We focus on delivering actionable insights in our training which relate directly to elements that can be implemented in the business, ensuring that your cyber security strategy is specific to the risk profile of your business is key in it being effective. If you’re keen to mix with and learn from other leaders across a range of industries our cyber security training for business owners and leaders runs for three hours and could be instrumental in you building a more protected business. You can find out more at www.cyberscale.co.uk.
