06/05/2021

UK Government

DCMS and a number of data breach reports highlight more work required

The sixth DCMS Cyber Security Breaches Survey 2021 released at the end of March highlights how data breaches continue to be a serious threat and that there is more still to be done by the majority of businesses.  Over the last 12 months, 39% of all companies experienced a breach of security, with figures rising to around 65% for medium and large businesses.  In related news, an article published by Finextra reveals data breach reports to the FCA were down 30% even though security incidents increased by over 56%. The report cites the cause being related to organisations "becoming more adept at assessing whether an incident truly meets the necessary thresholds to trigger a report." Meanwhile, ComputerWeekly reports how half of organisations have been breached by a third party in 12 months, highlighting the risks of outsourcing key business processes without paying attention to your service provider's security measures. In other sector news, Infosecurity Magazine covers a report from Make UK, which reveals half of UK Manufacturers suffered a cyberattack last year.

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