Freshly minted organization aims to take the guesswork out of incident severity for insurers and policy holders
February 7, 2025 By Connor Jones
A world-first organization assembled to categorize the severity of cybersecurity incidents is up and running in the UK following a year-long incubation period.
The Cyber Monitoring Centre (CMC) is the brainchild of cyber insurance industry figures and a handful of the UK's foremost cybersecurity thought leaders. It brings a severity classification system for the most severe computer assaults similar to the Saffir-Simpson Scale, which differentiates hurricanes based on the damage they cause to affected regions.
Public communications about the CMC began in January 2024, at which point the literature suggested it was a system that would be used to help cyber insurance companies, and their reinsurers, independently define what constituted a systemic event.
