Reducing Cyber Underwriting Risk Starts with the 3 “Bs” - BBN Times


Beyond holding second place in the alphabet, the letter “B” touches many things.


In classical terms, the three Bs have delighted listeners for centuries: Bach, Beethoven, and Brahms. As for the bees we all know and love, researchers have found that they buzz in the key of A. Today, I would like to add a trio of “Bs” to mark what I believe is a pivotal moment for cybersecurity, one with its own original score unfolding as we speak.


One very good example for social cyber education is the National Cyber Security Centre (NCSC). Backed by the United Kingdom Government, the NCSC is based in London and provides support to keep UK citizens, organizations and businesses of all sizes safe online. NCSC's Cyber Essentials complements the measures for improved cyber resilience by the insurance industry, which are nicely outlined in the Swiss Re paper.


Cybersecurity is a moving target. We all use devices to manage our day-to-day living and working. With that, there are constantly new attacks and threats in play. Cybersecurity insurance, it turns out, can help protect us and fend off those risks. 


This is where imagination meets originality. We are witness to an evolution in the insurance industry I’ve never seen before: education as an accompaniment to an actual insurance policy. In virtuoso speak, this is the first duet of its kind for i ..

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