Cyber insurance remains underpenetrated among UK SMEs

A GlobalData survey has found that a cyber protection gap persists across UK SME segments, driven by rising threat exposure and the under-penetration of cyber insurance. As SMEs deepen their reliance on digital systems and cybercrime becomes more sophisticated, many firms remain uninsured or underinsured relative to their exposure. GlobalData’s 2025 UK SME Insurance Survey found that cyber insurance penetration rises sharply in line with firm size: 13.1% of sole traders report holding cyber insurance, co ...