PolicyGovernment targets cyber security in FTSE 350 firms

Government targets cyber security in FTSE 350 firms

The government has reacted to the public’s escalating fears over cyber security with the launch of a Cyber Governance Health Check aimed at boosting the defences of FTSE 350 companies.

The government has reacted to the public’s escalating fears over cyber security with the launch of a Cyber Governance Health Check aimed at boosting the defences of FTSE 350 companies.

 

The health check, introduced today (Wednesday) by digital economy minister Ed Vaizey, will offer companies a confidential, tailored report enabling them to understand boardroom trends, compare themselves to their peers and address any weaknesses identified.

 

It also generates aggregated data showing how well the top UK companies are performing.

Keeping data safe is top priority

 Speaking at the Intel Security Summit in London, Vaizey said: “With more and more of our daily transactions done online, keeping our personal data safe is a top priority for this Government.

 

“Our Cyber Health Check will help the UK’s biggest firms strengthen their cyber security and ensure they continue to thrive in our growing digital economy.”

 

Following last month’s cyber attack on TalkTalk, Vaizey promised to write to the FTSE 350, reminding them of the steps that Government expects them to take and the robust procedures businesses need to have in place.

 

Businesses are being urged to use the government’s cyber security guidance and adopt the Cyber Essentials scheme, which protects organisations – both large and small – against common threats on the Internet.

Considering risks at board level

 The Cyber Health Check helps encourage behaviour change in how UK companies manage cyber risks, and helps make sure the risks of cyber attacks are considered not only in IT departments but also at company board level and in audit committees.

 

This health check is part of the Government’s five-year £860m National Cyber Security Programme.

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