The Cyber Essentials scheme’s five security controls provide the basic level of protection that you need and can protect it from around 80% of cyber attacks, allowing you to focus instead on your core business objectives.
By properly implementing cyber security controls, you will also drive business efficiency throughout the organisation, saving money and improving productivity.
A Cyber Essentials or Cyber Essentials Plus badge will enhance your business’s reputation and open up new commercial opportunities by proving to your customers that you take the security of their information seriously and are taking the necessary steps to reduce cyber risks.
If you supply – or want to supply – larger organisations that manage their third-party risks properly, the independent verification of your security posture provided by certification demonstrates that you won’t endanger the supply chain.
Cyber Essentials certification also reduces insurance premiums. A 2015 government report found that the majority of insurers believed Cyber Essentials provides “a valuable signal of reduced risk when underwriting cyber insurance for SMEs”. A number of insurers have “agreed to build reference to the Cyber Essentials standard into their cyber insurance applications, and will look to simplify the application where accreditation has been achieved by the applicant.”
If you want to apply for government contracts, you’ll need Cyber Essentials certification too. The UK Government now requires “suppliers of most contracts and services to hold a Cyber Essentials certificate.”
A government report found that the majority of insurers believe “that Cyber Essentials would provide a valuable signal of reduced risk when underwriting cyber insurance for SMEs, allowing them to use a reduced question set and informing their decisions to underwrite” and that “participating insurers operating in the SME insurance sector have agreed to build reference to the Cyber Essentials standard into their cyber insurance applications, and will look to simplify the application where accreditation has been achieved by the applicant.”