Trustees open to cyber risks by not responding to NCSC reporting changes

0
96

Stephen Wright, Head of IT with Trafalgar House said: “The change in NCSC threat reporting frameworks, which came into effect at the end last year, significantly alter the way advisories are issued and reported. Cybersecurity has fast become one of the biggest threats to schemes. Data breeches, scamming, ransomware, fraud – these have all become the stuff of trustee nightmares. And the sophistication of those threats is evolving rapidly, so it is important that schemes stay as far ahead of them as possible with comprehensive and proactive defence measures. It’s also imperative to check-in regularly with advisors that their measures are robust, and reports are undertaken frequently to demonstrate progression of mitigation of all vulnerabilities. A onetime spot check is simply not enough in this environment.

“There are some immediate actions schemes could, and should, take:

  • Verify cyber threat analysis updates: Confirm that all your advisers are proactively updating and refining their cyber threat analysis reports. It’s crucial that they regularly review and enhance their threat intelligence capabilities to protect against evolving cyber threats.
  • Enquire about…

Read More…