For the eighth year running, we’ve produced the Hiscox Cyber Readiness Report. Each year, this report provides a picture of the cyber readiness of businesses, and offers a blueprint for best practice in the fight to counter an ever-evolving threat. Drawn from a representative sample of companies across eight countries by size and sector, it reflects the direct experience of those on the front line of the business battle against cyber crime.
Despite perceptions that cyber security risks are declining, the reality is quite the opposite – attacks are growing in frequency and complexity, exposing significant gaps in business defences. As emerging technologies outpace traditional security measures, many firms are struggling to invest adequately in the right talent, tools and strategies to protect against these evolving threats.
To safeguard against these risks, organisations need to build a cyber-aware culture, recognising cyber defence as a collective responsibility rather than purely an executive or operational concern.
This is a key area of focus for Hiscox, not only in our own business but with our customers; through the Hiscox CyberClear Academy, we provide online cyber awareness training for policyholders and their teams. Since 2017, training has been provided to over 36,000 people from 7,000 organisations.
