Cybersecurity continues to be a top priority among CEOs, regardless of their industry. That’s because the number of cyberattacks is increasing every year with hackers attempting to break into a computer “every 39 seconds on average.”
In 2019, pretty much all businesses are online, always connected, in an environment that can be easily exploited because of a lack of security and oversight of cyber threats.
For the cyber criminal, their actions are deemed a low-risk crime that can deliver a huge potential payoff as they disrupt businesses, steal money, goods, information and sensitive data.
In 2019, pretty much everyone and everything is online, always connected, in an environment with porous perimeters. That means known vulnerabilities can be easily exploited because of a lack of security and oversight by businesses - many of whom think they are too small to be a target.
UK businesses face unprecedented technology changes, the consequences of which are mounting IT security challenges as they rely more and more on technology to carry out their day to day business. Plus, the use of mobile devices in the workplace, increase in remote working, and the proliferation of cloud services have exacerbated an already high level of cybersecurity threats.
The extent to which criminals are exploiting digital technology to commit offences continues to grow, as they disrupt businesses, steal money, goods, information and sensitive data.
Over the last few years, scams and cyber-attacks have become an imminent danger for businesses in the UK.
As firms become increasingly reliant on technology to exploit the internet to grow, they are making themselves vulnerable to malicious cyber-attacks. At the same time the use of mobile devices and cloud services has exacerbated an already high threat level.
Cyber Essentials is the UK Government backed scheme administered through the National Cyber Security Center (NCSC) that aims to show organisations how to protect themselves and prevent the most common cyber attacks. The NCSC claims Cyber Essentials can help eliminate the risk of 80% of cyber attacks.
A major problem with cybersecurity is complacency, because as businesses we receive so many cyber threats it's difficult to know which one is a priority, what is the impact and where should you focus your limited resources?
Barely a week goes by without news of a major cyber-attack being reported, and the stakes have never been higher it seems.
Data theft has become commonplace; the scale of ransom demands have risen steadily; and cumulatively the environment in which businesses must operate is becoming increasingly hostile.