The Incentivising Cybersecurity through Cyber Insurance (ICCI) project is a collaboration between the University of Kent (UoK) and the Royal United Services Institute (RUSI) which intends to analyse ways in which cyber insurance could provide a significant lever to promote a step change towards better cyber risk management in organisations.

This project has two key objectives. The first is to develop a clear understanding of the positive outcomes that cyber insurance could have in improving cyber risk management practices, and consequently, to define how these outcomes may be championed to better direct secure behaviours in organisations.

The second objective is to research the extent to which knowledge from the other, more mature insurance portfolios – such as property, natural hazards, maritime, terrorism and health – may be leveraged to advance thinking and practice in cyber insurance.

The project will combine an extensive literature review with stakeholder interviews and focus groups to gain critical insights into the cyber insurance industry. This…