Infoprotect UK

Are CISOs sleeping well at night? New research reveals a startling trend: 72% of CISOs have already taken out personal indemnity insurance, with more following suit. Cyber breaches are a boardroom issue. CISOs are facing unprecedented personal liability. With 61% of organisations hit by security breaches last year, the pressure is mounting. But what's driving this rush for personal protection? And more importantly, what does it mean for your client's cyber resilience? Our latest blog post explains ✓ Why top security talent is considering an industry exit ✓ How the 'blame culture' is reshaping cyber insurance needs ✓ What competent firms are doing to retain their security leaders ✓ The evolving role of insurance in protecting both individuals and organisations Read More → https://lnkd.in/e8tK7YeC #cyber #CISO #CyberInsurance #Insurance #CyberClaims #CyberAttack

Wishing you all a healthy and happy 2025 #2025 #infoprotect #cyberinsurance #cyber

Do you want to sell more cyber insurance in 2025? What if you could produce a report for your clients that reduces their cyber insurance premium and increases the level of cover they have? We understand that paperwork is often the last thing on a technologist's mind, and asking them to complete a lengthy cyber insurance risk questionnaire is unlikely to happen quickly. In most cases, it falls on the IT professionals to tackle the cyber insurance proposal form. However, we've developed a proven method for efficiently gathering and presenting risk information to cyber underwriters, ultimately leading to more comprehensive coverage and favourable terms for your clients. Our approach eliminates the need for a traditional proposal form. Instead, we guide you through the entire process, addressing all the necessary questions. While there may still be documents to upload and a few details to provide, it's far less burdensome than trying to navigate a questionnaire alone. Plus, you can be confident that the responses align with what the underwriters seek. What sets our approach apart is the collaborative effort between the client, the broker, Infoprotect, and the underwriter. Your clients can also rest assured that the information they provide will be available in our report. This report outlines their cyber status, areas for enhancement, and a roadmap to achieve those improvements. No more submitting a proposal and never hearing about it again! The data we gather offers the underwriter the necessary insight to accurately price the risk, and your clients will have a clear understanding of their coverage. In our recent case study, this approach enabled the underwriter to offer twice the coverage for just one-third of the original premium quoted to the client. Our solution is a game-changer for brokers, insurers, and clients seeking cyber insurance. If you'd like to learn more, please don't hesitate to contact us for a confidential discussion. #cyberriskmanagement #cyberinsurance #insurance #insurers #cyberclaims #valueaddedservices #ransomeware #infoprotect

Did You Know? We have a repository of useful articles on the Infoprotect UK website. You can find them all here - https://lnkd.in/dghQjHuE Please don't hesitate to let us know which ones you find useful and if there are any articles you'd like to see from us. #cybersecurity #cyberinsurance #insurance #insurancebroker #blogging #website

2024 has been a great year for Infoprotect, and we'd like to say Merry Christmas and Happy New Year to all our clients, partners, and supporters. Thank you. #infoprotect #cyber #cyberinsurance #innovation #thankyou

The cybersecurity landscape is witnessing a concerning trend that cyber insurance brokers and insurers cannot ignore: Chief Information Security Officers (CISOs) are increasingly looking for exit routes from their roles, driven by mounting personal liability concerns and a growing "blame culture" in the wake of cyber breaches. 72% of CISOs have already taken out personal indemnity insurance, with more following suit. As cyber breaches become boardroom issues, security leaders are facing unprecedented personal liability. With 61% of organisations hit by security breaches last year, the pressure is mounting. But what's driving this rush for personal protection? And more importantly, what does it mean for your client's cyber resilience? Read More → https://lnkd.in/e8tK7YeC #Insurance #cyber #cybrinsurance #CISO #cyberattack #cyberclaims

Are you wondering how the Cyber Security and Resilience Bill impacts your clients? The immediate priority is to review existing cyber insurance coverage against the new requirements. This isn’t simply about compliance – it’s about ensuring your clients have appropriate protection and are cyber-resilient in an evolving threat landscape. Consider the adequacy of current cover limits and terms, particularly regarding incident response procedures and regulatory compliance costs. Looking ahead, your clients need to think beyond essential compliance. Implementing continuous monitoring solutions and regular policy reviews will become essential. Integrating security services with insurance coverage must be more comprehensive than ever before. All compliance efforts need thorough documentation to satisfy regulatory requirements and insurance conditions. Find out more in our latest blog post - https://lnkd.in/em4jEgBN #insurance #cyberinsurance #cybersecuritybill #cyberattack #innovation

Are you embarrassed but don't want to admit you're not a cyber insurance expert? We have the perfect service for you. Our cyber risk assessment tool can help you assess your client's cyber posture and present the risk to the insurance market in the best possible light. Get in touch today to find out more. #cyberriskmanagement #cyberinsurance #insurance #insurers #cyberclaims #valueaddedservices #ransomeware #infoprotect

We’ve had some really great conversations with brokers and insurers recently, and the two things that keep coming up are understanding and validation. The understanding comes from the broker, client, and insurer, who understand what is required to obtain cyber insurance and how to translate the client's cyber posture onto the proposal form accurately. The validation is knowing that information on the proposal to insurers is accurate and what it means to obtain cover, risk profile, claims probability, cyber vulnerability etc. How brokers and insurers do this varies. Our service for your clients and partners provides a solution that clarifies the understanding and validates the information required by insurers to provide cover. We work with the client to assess their cyber position and rectify any issues before the risk is presented to the market. The report is generated using the FortMesa platform. It requires the right control set (CIS, NIST, etc.) to be selected based on the type of business, the industry it operates in and the desired objective. Additional frameworks can also be selected based on the client's profile using Infoprotect’s Security Profile Plans. The cyber risk assessment tools and report provide a clear understanding of the client's cyber risk maturity, including the likelihood and potential impact of various threats. The report is shared with all parties in full, which can then be used to present to the market. We’ve found that this report contains more information than some proposal forms and provides a clear view to insurers of the risk and where claims are likely to come from. This provides them with a more reliable and detailed risk picture, allowing them to provide their best cover and pricing. If you’d like to know more or discuss adding this service for your clients or brokers, please contact Brad Fraser today. Brokerbility Clear Group Optimum Speciality Risks (OSR) #cyberinsurance #cyber #cybersecurity #insurance #insurer #cyberunderwriter #casestudy

Are you part of the CompTIA's UK & Ireland Mentorship Program? Our CEO, Brad Fraser, has taken on the role of mentor in this inaugural program, sharing expertise and industry insights with the next generation of tech professionals. This 16-week structured program demonstrates our commitment to nurturing talent and contributing to the broader tech community. At Infoprotect, we believe in the power of knowledge sharing and professional development. Through initiatives like the CompTIA Mentorship Program, we're helping build stronger connections within the tech industry while fostering growth and innovation. Congratulations to Brad and all participants who are taking part. Adam Proulx Kevin Liesen #CompTIA #Mentorship #Cyber #Infoprotect