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Cash promise to man defences against cyberattacks

Cyber Security - Make it a top priority - SantanderCB

Minister for the digital economy Ed Vaizey has announced a government pledge to invest £1.9bn alongside the construction of a new National Cyber Security Centre in an attempt to help businesses to protect themselves from digital attack.

The decision to make cybersecurity a top priority was made after the government's Cyber Security Breaches Survey with Ipsos Mori showed almost seven in 10 attacks on companies involve viruses, spyware or malware.

One in four large companies experiences a cybersecurity breach at least once a month, but just half of all firms are taking action to identify and address their vulnerabilities.

One in 10 firms have a formal processes for managing such incidents, and three in 10 have written up cyber security policies.

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

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