XL Catlin insurer recognise value of standards when underwriting cyber risk
When underwriting cyber risk, standards like the UK Government backed scheme Cyber Essentials Plus (Cyber Essentials with verification of cyber security by an assured Certification Body) and NIST (National Institute of Standards and Technology, part of the US Department of Commerce) can be effective risk controls. Cyber Essentials Plus is a good place to start for SME’s and NIST is especially relevant when you have high network dependency and resiliency requirements.
Head of Cyber and TMT – International Financial
Lines, XL Catlin