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UK businesses urged to protect themselves from growing cyber threat

Staff writer |
UK businesses were warned about the growing risk of cyber attacks as Minister for the Digital Economy, Ed Vaizey, urged businesses across the country to protect themselves by taking up the Government’s Cyber Essentials scheme.

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Whilst businesses are reaping the benefits of operating online and now earn £1 in every £5 from the Internet, cyber attacks are now considered a serious threat to UK businesses.

The latest figures reveal that 74 percent of small businesses, and 90 percent of major businesses, has had a cyber breach of security in the last year.

Speaking at the Financial Times Cyber Security Europe Summit, the Minister revealed more than 1,000 businesses have now adopted Cyber Essentials – the UK Government’s leading scheme which protects businesses against the most common threats on the Internet.

Intel Security, part of multinational technology firm and chip manufacturer Intel, are among the firms who have recently achieved Cyber Essentials certification.

Speaking at the conference, the Minister also announced a new £500,000 fund to help universities and colleges develop innovative teaching and learning to provide the cyber security skills needed to protect the UK now and in the future.

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