A new government initiative launched today aims to improve cyber-resilience across UK organizations by providing new guidance for boards.
The Cyber Governance Code of Practice describes the actions company directors and board members need to take to ensure cyber-risk is managed effectively.
The government argued that improving oversight at this level is vital to growing the economy, given that 74% of large and 70% of medium-sized firms experienced attacks and breaches in the past year. It claimed that such incidents cost the national economy almost £22bn a year between 2015 and 2019.
Cybersecurity minister, Feryal Clark, said that successful cyber-attacks can disrupt operations and “drain millions” from the bottom line.
Read more on NCSC resources: NCSC Updates Code of Practice for Smart Building Security
“If we want to drive the economic growth which is fundamental to our Plan for Change, then we need to stand side-by-side with British business leaders as they face down that threat,” Clark added.
“Our new Cyber Governance Code of Practice does exactly that – setting out in clear terms steps organizations should take to safeguard their day-to-day operations,…
