SME CYBER INSIGHTS: Thursday 22 May 2025 – Today’s SME Cybersecurity News & Intel SME Cybersecurity | SMECYBERInsights.co.uk SME Cybersecurity

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Gibraltar: Thursday 22 May 2025 at 07:00 CET

SME CYBER INSIGHTS: Welcome to Today’s Edition of SMECYBERInsights – The Roundup of Today´s UK Small Business Cybersecurity Best Practice & Advice …
Written & Curated By Iain Fraser – Cybersecurity Journalist
SMECYBERInsights – The UK Small Business Cybersecurity Network
#SMECyberInsights #SMECyberSecurity #SMECyberAwareness #CyberSafe #SME #SmallBusiness

1). SME CYBER INSURANCE: Pen Underwriting Launches Game-Changing Protection Platform for UK Small Businesses. UK Small Businesses will soon benefit from enhanced cyber protection as Pen Underwriting rolls out its innovative new cyber risk management platform ‘Pen Protect’ to all policyholders from 1 June 2025. In a move set to transform how SMEs approach cyber security, the platform will be provided as standard to all businesses renewing or taking out new cyber cover, delivering an integrated suite of risk management tools specifically designed to combat the growing threat of cyber attacks against smaller organisations. For the 5.5 million SMEs operating across the UK, this development comes at a critical time, with our recent SMECyberinsights survey revealing that 67% of small businesses have experienced at least one cyber attack attempt in the past year …

2). COMPLIANCE: Understanding the European Data Act and GDPR Compliance for UK SMEs. For UK-based small and medium enterprises (SMEs), navigating the evolving landscape of data protection regulations continues to present significant challenges. With the European Data Act (EDA) now in effect alongside the established General Data Protection Regulation (GDPR), businesses must understand how these frameworks interact and what compliance measures they need to implement. The European Data Act, which came into full effect in 2024, aims to create a fairer data economy by ensuring more equitable access to and use of data generated across all economic sectors in the EU …

3). WHAT IS CYBER INSURANCE – Cyber Insurance: Essential Shield for Small Businesses in the UK and EU – CyberKPI: Cyber insurance serves as a critical financial safety measure for small businesses in the UK and EU, aimed at mitigating the financial risks stemming from cyberattacks and data breaches. With the rapid digitisation of business processes, the global Cyber Insurance market is projected to grow significantly, driven by heightened awareness of cyber threats and the necessity for regulatory compliance. This is particularly relevant for small businesses, as 87% of decision-makers express concerns about their inadequate protection against cyber risks …

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UK Small Business Owner? Join SMECyber Free Now! & Access the SME Cyber Forum – Read, Learn, Engage, Share …

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