Initiated and backed by the UK government, Cambridge IT Security can help your business achieve your Cyber Essentials certification. Cyber Essentials is a scheme that aims to help businesses of all sizes protect themselves against common cyber threats.
The scheme provides a set of controls that businesses should implement to reduce their risk of cyber attacks. By 2025, 60% of organisations will use cyber security risk as a primary determinant for conducting third-party transactions and business engagements.
The certification demonstrates to potential clients that your business takes cyber security seriously.
Cyber Essentials certification covers five key areas:
When a UK-domiciled organisation with a turnover under £20m achieves self-assessed certification covering their whole organisation to either the basic level of Cyber Essentials or the IASME Standard, they are entitled to Cyber Liability Insurance, terms apply. The cover is underwritten by AXA XL, a division of AXA, and administered via Sutcliffe & Co Insurance Brokers.
What is included:
Claims made against you arising out of media activities and privacy and security wrongful acts.
Costs, including emergency costs, following a data breach, including the costs of notifying data subjects. These might typically include payment for Legal, IT, Forensic & PR specialists.
This includes ransoms and other cyber extortions.
Defence costs & regulatory fines (where insurable by law).
Loss of profit and/or operational expenses caused by a network compromise.
Costs of remedying the issue that allowed the loss or damage to your data and costs to replace, restore or update your data.
The certification can be renewed yearly through us for a reduced fee. Each year some of the questions and requirements are updated and changed to address the most relevant threats facing UK businesses this year. These changes are made by the UK Government through the NSCC.
As part of becoming complaint with the cyber essential requirements, a security audit is conducted to speak to the requirements. The purpose of the questions are to ensure security of the organization. Therefore, by becoming compliant with cyber essentials your security is improved and brought up to government standards.
A Cyber Essentials certification gives an effective and accurate base line of your organisations cyber security level. With the severe consequences of data breaches its irresponsible to not review your security systems, a gap in the network can and will lead to breaches.
Certification must be renewed annually, including an onsite audit, ensuring security provisions do not reduce over time. Audits ensure that as the threat landscape changes, controls are up to date.
The certification helps ensure a government standard level of protection for your organisation. Some of the consequences from these security measures not being compliant and not remediated can be much more costly from a direct and indirect way. For example: The loss of confidence of your clients and customers after a data breach is invaluable. Warren Buffet once said, “It takes 20 years to build a reputation and five minutes to ruin it”. The data stolen may be industry secrets or personal information. Once the data is stolen you are powerless. There are short time frame legal requirements to report your breaches to the ICO, and you could be subject to fines.
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