JLT comments on the Government's latest Cyber Initiative

01 November 2016

Commenting on the government’s National Cyber Security Strategy, Sarah Stephens, JLT’s Head of Cyber, said:

“This is an important step towards tackling the growing problem of cyber-security, and funding on this level will ensure that the UK is moving towards the level of strong cyber capability that we’re currently seeing in the US. The government’s plans to invest in home-grown talent by educating and training cyber security experts, as well as giving financial support to a Cyber Security Research Institute and security-based start-ups will ensure that the UK remains on the front foot of the cyber-crime issue both now and in the future.

‘There is also a great opportunity here for UK insurers to grow in partnership with the cyber industry and government, and potentially incentivise more information sharing by UK businesses. While companies are reluctant to share the details of how they were compromised, this data can be critical to mitigating the corrosive and systemic risk of cybercrime. Working together in collaboration to tackle this issue gives us a holistic solution to what is a serious and growing problem for UK businesses, and one that should, in turn, provide some lasting, meaningful impact.”

-ENDS-

Notes to Editor

Enquiries:

JLT Specialty Limited

Corinne Gladstone, PR Manager| Tel: +44 (0)20 7895 7705| Email: corinne_gladstone@jltgroup.com

Smithfield Consultant

Julia Cooke | Tel: +44 (0)20 7903 0631| Email: jcooke@smithfieldgroup.com

About JLT Specialty Limited 

JLT Specialty Limited (JLT Specialty) is a specialist insurance broker and risk consultant, providing market leading industry knowledge and expertise in specialist fields to some of the world's largest companies.

JLT Specialty is part of the Jardine Lloyd Thompson Group of companies (JLT), one of the world’s leading providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services. JLT’s client proposition is built upon its deep specialist knowledge, client advocacy, tailored advice and service excellence.

JLT is quoted on the London Stock Exchange and owns offices in 39 territories with more than 10,000 employees. Supported by the JLT International Network, it offers risk management and employee benefit solutions in 135 countries.

For more information about JLT please visit www.jltspecialty.com and www.jlt.com