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Management & Strategy

Companies 'complacent' over cyber attacks

The director of GCHQ will today launch a trenchant attack on businesses for being complacent over the risk of cyber attacks. Robert Hannigan will warn that too few companies are taking advantage of schemes designed to help protect them, and that standards in the private sector are not as high as they should be. He will hint that more regulation or pressure through insurance policies or legal liability may be needed to force companies to act. In a rare public speech, Hannigan will say that attacks are only going to become bigger, more sophisticated and cause more damage. The intelligence agency has warned that the number of cyber attacks which threaten national security has doubled in the past year, with Britain now facing up to seven serious assaults every day. Hannigan will tell the Information Assurance conference in London it is time to 'take a hard look at whether the international market for cyber security is working sufficiently well'.


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