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Stay vigilant against cyber risks – cyber security cannot be a one-off exercise

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For many organisations, thinking about cyber security has been an irregular exercise triggered when high profile cyberattacks make the headlines. Brokers may have offered Cyber Security insurance as a bolt on at the annual insurance review to ‘plug any gaps’ then the topic, and the threat falls off the management agenda. Nick Denning, CEO of …

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Policy Monitor joins Cyber Resilience Centre for London as
Founding Member of its Cyber Essentials Partner Scheme

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Not-for-profit initiative pledges to keep the Capital’s small business community safe Wimbledon-based cyber security and risk management experts Policy Monitor has joined the Cyber Resilience Centre (CRC) for London as a Founding Member of its Cyber Essentials Partner scheme.  Working with the Mayor’s office for Policing and Crime, the CRC for London is part of …

Policy Monitor joins Cyber Resilience Centre for London as
Founding Member of its Cyber Essentials Partner Scheme Read More »

Why cyber security should be on every board’s priority list and the 3 steps needed to stay safe online

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While many issues have gained importance due to the pandemic, Nick Denning, CEO, Policy Monitor, explains why no board can afford to let cyber security slip down the priority list. Cyber-attacks are a constant concern for organisations both large and small, with a study revealing that 68%[1] of business leaders feel their risks are increasing. …

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Mind the Gap: a lack of cyber security skills is leaving SMEs exposed

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Almost half of UK businesses have a basic cyber security gap that is leaving them exposed. This stark reality was revealed in a report from the Department for Digital, Culture, Media and Sport (DCMS)[i]. It found that the people responsible for cyber security in 48% of UK businesses lack the confidence to carry out basic …

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Eight smart strategies to help SMEs protect themselves against cyber-attacks

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Report after report and survey after survey is highlighting the ongoing and increasing cyber threats facing organisations, especially SMEs. Therefore, what practical steps can your business take to protect itself and increase operational resilience? How big are the threats? This year the World Economic Forum identified cyber security failure as one of the top 5 …

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Cybersecurity is complex – but it doesn’t need to be costly or complicated

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Knowing where to start with cybersecurity can be overwhelming, Nick Denning at Policy Monitor explains how SMEs can take some simple steps to protect themselves against common threats without breaking the bank. The pandemic tested the business resilience of every organisation. Small and medium sized enterprises (SMEs) had to maximise their digital footprint to keep …

Cybersecurity is complex – but it doesn’t need to be costly or complicated Read More »

The ugly truth: the real cost of cyber breaches to SMEs

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Small and medium-sized enterprises (SMEs) rarely trigger national headlines for breaches in data security and compliance, not because they aren’t a target but because the monetary impact is small compared to the big corporations.  However, breaches are all too common and while the cost of cyber breaches to SMEs, including the impact to business operations, remediation work and resultant fines, may not run into millions, it can do untold damage. SMEs are agile and lean in their business operations, and so unbudgeted costs can severely impact finances.

Cyber security is everyone’s responsibility

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SMEs form a critical component of a business supply chain, yet ironically, they can also be the weakest link. Guy Lloyd at Policy Monitor explains why SMEs need to step up their cyber resilience

Organisations at the top of the supply chain rely on a nimble network of SMEs to provide niche products. This unique status provides SMEs with disproportionate access to important information. So, while it might be the big-name brands that generate attention grabbing headlines about data breaches, it can be the weak security credentials of smaller organisations that expose the entire chain.

5 Steps to Sound Cyber Security

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Smaller organisations are used to changing and adapting but even the most flexible have been tested in 2020.  Ironically, criminal elements have been quick to adapt their businesses, adding many Covid-19 related attacks to their arsenal.  Doing little or nothing to offset these risks and hoping that a cyber-attack “won’t happen to me” is not a responsible option. Defending an organisation from cyber threats doesn’t need to be complex, costly or confusing. Here are 5 steps to help you get organised and ensure your cyber security defences are up to the job.