Lloyd's Managing Agencies - End of Year Deadline Approaching to Implement Cyber Essentials
The end of the year is fast approaching, which means that as a Lloyd’s Managing Agency, you will need to have achieved some Cyber accreditation in order to meet minimum standard MS12 for operating at Lloyd’s
What is Cyber Essentials?
Developed by the UK government in consultation with industry, Cyber Essentials provides basic security measures suitable for all organisations to protect themselves against cyber attacks.
Cyber Essentials 5 Critical Control Areas for Lloyd's managing agencies
Firewalls
Deployment and configuration of Firewalls
Security
Configuration Security of the IT estate
Access Control
Access Control across the organisations IT estate
Malware
Protection against Malware through Antivirus software
Upgrading
System & Application upgrade management
The 3 Stages of the Cyber Essentials Process
Cyber Essentials
Five category, 34 question self-assessment that provides basic assurance of cyber risk management
Cyber Essentials Plus
A certified, independent technical assessment by an accredited body that builds on the Cyber Essentials certification and provides an advanced level of cyber risk management
Continual Improvement
Cyber Essentials must be renewed each year to maintain certification
The 8 steps for Lloyd's Managing Agencies to Become Cyber Essentials Certified
Sponsorship
In addition to Lloyd's minimum standard MS12 you should also get sponsorship from your Managing Agency board
Questionnaire
2 Questionnaire Contact Cyber Essentials assessment body and download a copy of the questionnaire. Ask us for access to our on-line assessment
Inventory
Build an inventory of the information required for submission
Accreditation
Identify gaps between your current environment and that required to meet accreditation
Assessment Ready
Address gaps
Online Submission
Pay for the Cyber Essentials assessment and complete online submission
One of Three Things Occur
i You have passed
ii You are asked for further clarification on some points
iii You have failed
Once Certified
Once you have been Cyber Essentials certified it is possible to undertake Cyber Essentials Plus
What this means to Lloyd’s Managing Agencies
Regulatory requirement: you will need to have achieved some Cyber accreditation by the end of 2016 in order to meet minimum standard MS12 for operating at Lloyd’s.
Cyber Hygiene
The UK government is pushing Cyber Essentials to be the UK wide standard for demonstrating basic Cyber Hygiene
London Wide Program
The London Mayor has signed-up to drive a Cyber Hygiene program across the capital starting in 2017
Accreditation
The Cyber Essentials accreditation is a great opportunity to build Cyber risk management at the core of your business operations and help you meet Lloyd's minimum standards
How Can Fifth Step Help?
Insurance Market
We understand the Insurance market. Fifth Step’s core business is in the London Insurance market and we count some of the most recognised names in the Lloyd's and London market amongst our clients
Preparation is Key
Fifth Step has an assessment readiness toolkit to assist you in preparing for Cyber Essentials Plus
Providing Assistance
Providing Assistance: Fifth Step has the expertise to simplify and fast track Cyber Essentials accreditation process
Partnership
Fifth Step is able to leverage its partnership with an accredited Cyber Essentials Plus auditor to complete both Cyber Essentials and Cyber Essentials Plus on your behalf
Organisational Growth
Fifth Step has the expertise to guide you through improving your risk management position as your organisation grows
