The Government emphasized that cybersecurity should be considered a risk equal to financial and legal challenges, making it a key business priority for SMBs. SMBs are encouraged to equip employees with the necessary skills and awareness to better protect their companies from cyberattacks.
Viscount Camrose highlighted the critical need for organizational leaders to understand the importance of cybersecurity, stating, “Cyber attacks are as damaging to organizations as financial and legal pitfalls, so it’s crucial that bosses and directors take a firm grip of their organization’s cyber security regimes – protecting their customers, workforce, business operations and our wider economy.”
With nearly one in three firms experiencing cyberattacks or breaches in the past year, the new Code seeks to address the mounting risks. Over 38,000 organizations received the Cyber Essentials certificate last year, indicating they have vital cybersecurity controls in place. The Government is now calling on businesses of all sizes from all sectors to get involved with the draft Code and submit their feedback as part of an ongoing process until March 19, 2024.
Source: TechRadar
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