Updated April 2026.
Cyber is often labelled as complex and difficult to understand, but it does not have to be. At CFC, we believe cyber insurance should be clear, practical and accessible because cyber risk is largely preventable. While threats continue to evolve, the fundamentals remain straightforward when the right protection, support and security are built in from day one. Our focus is on removing unnecessary jargon and complexity, helping businesses understand their risks and reduce them before an incident ever occurs.
As cyber risks have evolved, so has cyber insurance. What was once a reactive product designed to respond after an incident has become a proactive solution that supports businesses from the moment cover begins. Today, organisations are more likely to be targeted because they are vulnerable rather than valuable, making prevention just as important as response. That shift has driven unprecedented collaboration between insurers, government and the private sector, all working together to reduce risk, disrupt cybercrime and help businesses stay one step ahead.
Today, organisations are more likely to be targeted because they are vulnerable rather than valuable, making prevention just as important as response.
At CFC, we’re proud to have a global team of more than 100 dedicated cyber underwriters and development specialists. Our cyber security and incident response division now includes over 200 threat analysts, forensic specialists and security engineers across three continents. Available around the clock, they work to detect, prevent and respond to cyber incidents for our customers. This reflects our long-standing and unwavering commitment to cyber as a core class of business.
BIBA and CFC hope this guide helps take your understanding of cyber to the next level. Inside, you’ll find clear explanations of how cyber products work, real claims case studies, insight into why cybercrime exists, and practical guidance to support more informed conversations between brokers and businesses.
You can read the full release from BIBA on their website.
