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18 May 2023

It has been reported by This Is Money that HMRC now holds 55 billion items of taxpayers' data, including email and bank records, as it cracks down on tax avoidance. The data is held on its...

18 May 2023

Sustrans is working with local businesses to provide bike maintenance stations and pumps at key stops along the National Cycle Network in Scotland, which, it says, will support more people to...

16 May 2023

Cycling UK has opened nominations for its annual 100 Women in Cycling list, which celebrates the inspirational women working in the cycle sector.

16 May 2023

Bike sales in 2022 were lower than 2021 throughout Europe's main markets, Bike Europe has reported, but e-bike sales continue to thrive - although the UK seems to be the exception.

9 May 2023

A mixed picture is emerging about the effect of the Coronation weekend across the UK's retail sector.

9 May 2023

Nominations have opened for the 2023 British Business Awards.

9 May 2023

The European retail sector has enjoyed its best month for international spending on Tax Free goods since the end of the pandemic after sales surged by 40% month on month in March 2023, taking...

4 May 2023

A study into the positive health effects of riding an electric bike has picked up traction in Germany’s press in the past week, according to a piece in Cycling Electric. Researchers at the...

4 May 2023

Two Derby businessmen have come together to encourage locals to hop on their bikes. Dean Jackson and Paul Martin have launched the city's first road racing team to help inspire...

4 May 2023

More people than ever are regularly walking or cycling rather than using the car due to increases in the cost of living.

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Cyber security only prioritised by businesses after a data breach, DCMS reports

Posted on in Business News , Cycles News

Government research has revealed that UK businesses only begin to appreciate the importance of cyber security once the business has sustained a “serious” attack.

The observations have been included in a paper published by the Department for Culture, Media, and Sport (DCMS), which has been investigating cyber-attacks on UK businesses.

Half of the participants involved in the interviewing process conducted by the DCMS said senior leaders recognised that cyber security threats were real only after the business had been attacked.

Common observations among businesses were that senior leaders were not as engaged with security as a priority, and some didn’t fully understand the scale of the threats or the cultural transition required to meet the growing challenge.

Senior management and board members became markedly more engaged with cyber security because of their respective breaches and have since “demonstrated more serious intent” to improve the organisation’s cyber posture, though.

The improvements were observed across all different types of businesses that spoke to the DCMS as part of its research.

Every business that has a dependency on computer systems to transfer or store data is exposed to cyber risks, in today’s world this is much of every business.

A comprehensive cyber insurance protects your business from the effects of social engineering, ransomware attacks, cyber extortion, data breaches, fines & penalties, business interruption, first party & third-party liability.

ActSmart have worked with insurance specialists Butterworth Spengler for over 30 years to provide the ideal insurance solution. Cyber insurance provides comprehensive cover for data restoration, reinstatement or even re-creation if it is lost or corrupted.

To get a FREE cyber insurance quote use the form below or phone Butterworth Spengler on 0151 494 4400.

Read more on the Cyber Insurance service page.

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