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Majority of government bodies refuse to buy into cyber insurance despite increasing breach risks
Apricorn , a leading manufacturer of software-free , 256-bit AES XTS hardware-encrypted USB drives , has announced new findings from its annual survey and Freedom of Information ( FoI ) requests , revealing a concerning disregard for cyber insurance across both public and private sectors . Despite the escalating risks of ransomware , phishing and insider threats , many organisations , including government entities , remain unprepared for cyber incidents , with inadequate backup strategies and a lack of cyber insurance coverage .
Cyber insurance offers a vital layer of protection in the wake of a breach , yet there is a persistent lack of understanding and investment , particularly in the public sector . In a series of Freedom of Information requests made to local councils and government departments across the UK , only two out of the 41 local councils questioned had a cyber insurance policy in place . Flintshire County Council which adopted its policy in October 2022 and London Councils , whose policy covers the period 2021 to 2024 .
Additionally , only two others – Ards and North Down Borough Council and Greater Manchester Combined Authority ( GMCA ) – mentioned plans to invest in such policies within the next year . This leaves the vast majority of local authorities without sufficient cyber coverage , despite the high stakes .
Shockingly , a significant number of government bodies have either declined to answer , confirmed that they have no cyber insurance , or indicated that they do not intend to invest in cyber insurance in the near future .
One in two managers with children consider quitting over ‘ parent guilt ’
‘ Parent guilt ’ refers to the feeling parents can when they feel they are unable to give their children time and attention due to other responsibilities and pressures , such as work .
The survey revealed that over half ( 54 %) of those that experience parent guilt feel like they are failing both as a parent and a professional , while two-thirds ( 62 %) of respondents say that it has a significant impact on their overall wellbeing .
For half of managers with children , balancing their job with family life has become an overwhelming challenge , leaving many to feel like they ’ re failing both at home and at work , new research from Avilio has found .
Avilio ’ s research also found that 46 % of manager parents say that parent guilt impacts their ability to perform well in their job . Meanwhile , 44 % said they resent their job because it takes them away from time with their family .
The productivity and performance coaching provider commissioned an independent survey of 739 UK adults in management positions , 392 of which were parents .
It found that 72 % of managers agree that being a parent has significantly changed their working habits , and almost half ( 48 %) experience ‘ parent guilt ’ at least sometimes .
As a result , one in two ( 50 %) feel that parent guilt has led them to question whether they can continue working .
Philippe Masson , CEO of Avilio , said : “ When someone becomes a parent , their personal life undergoes a profound shift , yet their professional responsibilities either remain unchanged , or even grow as their seniority increases .”
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