It has been reported that UK businesses must start taking cyber crime more seriously and do more – including working more closely with the Government – to protect themselves, the Chancellor of the Duchy of Lancaster has said. Nadhim Zahawi, who is also the lead minister for cyber security, said companies must stop thinking of cyber security as “an issue just for company IT departments” and treat it as a business priority. Mr Zahawi’s comments come as figures show 1.6 million people were victims of cyber crime in the UK last year, with tens of thousands of businesses also targeted. Government research shows that only 23% of firms have a cyber security plan. The National Cyber Security Centre’s Suspicious Email Reporting Service has received more than 13.7 million reports since it was launched in April 2020, leading to the removal of more than 95,000 scams.
Businesses must do more to boost cyber defenses, says Nadhim Zahawi