Cyber security

Nearly half of manufacturers know they've been a victim of a cyber attack (and many more don't even realise they've been compromised). EEF is at the forefront of helping companies understand and mitigate their level of risk, to combat this growing threat.

 

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Supporting manufacturers as they tackle the challenge of cyber security.

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Creating a comprehensive cyber security programme requires a co-ordinated approach. EEF connects manufacturers with trusted experts and partners who can guide them through all angles of the challenge.

 

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Cyber-report-coverThis new report, in partnership with AIG, is essential reading for manufacturers interested in understanding the current state of affairs when it comes to cyber threats. Across our sector, maturity levels are highly varied both in terms of awareness of the cyber-security challenge and the implementation of appropriate risk mitigation measures. 41% of manufacturers don’t believe they have access to sufficient information to confidently assess their specific risk, and 45% are not confident they are prepared with the right tools for the job. A worryingly large 12% of manufacturers surveyed have no process measures in place at all to mitigate against the threat.

EEF is committed to both supporting and representing the manufacturing sector to address the cybersecurity challenge as part of the 4th Industrial Revolution.

 

 

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Podcast: Listen to Manufacturers and Cyber Security, with guest expert Nigel Mackie from MASS.

Blog: Read our latest blog on 7 take-aways on cyber security for manufacturers.  

Blog: Read AIG's article on Cyber insurance claims: Ransomeware disrupts business

Handbook: AIG has created a primer for UK Boards of Directors on Managing cyber risk

Toolkit: Download this useful guide to protecting your business from cyber attacks.

 

EEF_cyber_insurance

Any business that holds customer data or uses a computer system within its business model needs to have robust cyber security and a tested contingency plan in place should things go wrong. Through Howden, an EEF partner, companies can undertake a risk assessment and review of your current insurance policies so you can determine your requirements and review any gaps in cover. Cyber liability insurance provides support and financial cover to manage the immediate and long term impacts of a cyber attack.

  • Incident Response (24/7 response line) to help you get back up and running as soon as possible
  • Legal/Regulatory Costs, IT Security & Forensic Costs, Crisis Communication Costs & Privacy Breach Management Costs
  • Third Party Privacy Breach Management Costs
  • Remediation Costs/Mitigation Expenses
  • Cyber Crime (sub-limited) – Funds Transfer Indemnification/Social Engineering, Extortion, Telephone Hacking, Phishing
  • System Damage & Business Interruption (Consequential Reputational Harm)
  • Network Security & Privacy Liability
  • Media Liability (Defamation/IP Infringement)
  • Court Attendance Costs

For more information about cyber response cover please click here or contact Howden directly on 0800 048 8753 or enquiries@eefinsurance.co.uk.

 

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EEF regularly hosts events for manufacturers on cyber issues and the Fourth Industrial Revolution. These events provide an opportunity for companies to network, hear from experts and tour factories.

Our next event is a webinar on Cyber security for manufacturers: What you really need to know on 3 July.

 

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The Cyber Essentials scheme is a world-leading accreditation established by government to help businesses demonstrate to customers and supply chains that the most important basic cyber security controls have been implemented. For more information on how EEF can help you with Cyber Essentials, speak to our team today.

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