NCSC boss urges insurers to ‘work together’ with the organisation to better mitigate future cyber attacks
If the UK is to respond to ongoing increased threat of cyber attacks, “data is key”.
This was according to Lindy Cameron, chief executive of the National Cyber Security Centre (NCSC), who spoke during her keynote speech yesterday (10 May 2023) morning on day one of Biba’s 2023 conference in Manchester.
She told delegates: “Insurers are in a unique position. [They] have a wealth of data that can be used.”
Cameron urged the industry to “make the best use of aggregated data”.
On this note, she said the NCSC was interested in working with insurers to make use of this data and “improve collective understanding” of cyber threats as the firm is “not confident it has the full picture of [these risks]”.
More transparency
For Cameron, organisations need to be more open and transparent about cyber attacks.
“Every hushed-up case that it is not shared or fully investigated makes cyber attacks more likely as no one can learn from them,” she said,
“There’s lots we can do together. Let’s work together to make cyber insurance as active as possible focusing on the risks that UK organisations face on a regular basis.”
Active cyber insurance refers to taking a preventative approach to mitigate damage, as opposed to paying out claims when losses occur.
Cameron added: “We want people to be more transparent and share data to help us and you identify the threats that are faced.”
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