Cyber attacks to be given hurricane-like categorisations
The Cyber Monitoring Centre has announced that it will categorise cyber events affecting UK businesses with immediate effect, giving insurers a potential means of managing their exposure to systemic losses.
The CMC launched in January 2024 and worked through what it termed an “incubation period” last year, during which it analysed cyber events but did not make its categorisations public.
At a launch event
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