Spy chief hired by insurance company to track cyber crime

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The FTSE 250 determine said Robert Hannigan, the ex-director of Britain’s biggest intelligence intercession, would join as a special adviser.

He will be offering market inside, staff training and help with developing products.

Mr Hannigan served draw up the Britain’s cyber security strategy in 2009 and was director of GCHQ for three years formerly quitting in January. 

He also helped establish the National Cyber Insurance Centre last year.

Hiscox chief executive Steve Langan suggested: “There are few experts better-placed to advise on cyber risk than Mr Hannigan and we are hugely eager to have him on board.”

«The risks that cyber criminals pose, both to companies and individuals in the UK, are significant and sophisticated,» Mr Hannigan warned, adding that insurers sine qua non «evolve their understanding and defence against cyber crime».

«We separate that industry is crying out for these skills in volume; not just a hand-picked elite needed to job at GCHQ to ensure national security, but an entire generation of skilled people to foster British industry,» said Marcus Scott, the group’s chief monetary officer. 

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