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Cybersecurity: a vehicle for growth, not a roadblock to progress

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It’s an issue that affects every sector and every profession at every level. Earlier this year, the Federation of Small Businesses claimed that cybercrime was costing UK small and medium enterprises £785m a year, while research from 2012 found that one in 10 SMEs had suffered a data breach.

Increasingly, business and political leaders are recognising security as a prerequisite to further commercial opportunities in a digitally dependent world. In a highly competitive market place, the never-ending reports of security breaches will start to influence consumer and customer choices, driving business to firms who can demonstrate track records of good security practice. On a national scale, economic investment in the UK will increasingly be dependent on how well we can demonstrate a secure infrastructure and supply chain.

Businesses face a tough time of it, however, with a deepening skills shortage, as documented by the National Audit Office report earlier this year.

SOURCE: theguardian.com

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