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Vunerable Britain

Posted by on in Nsure Technology
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It has recently been reported  that Britain we will be unable to properly defend itself from the threat of cyber-attacks  for at least another twenty years due to the lack of IT experts in Britain. With this in mind lessons in cyber security will now be stepped up in schools and colleges with the hope that they will produce a new generation of IT experts who are able to combat hackers and online criminals, this will ultimately lead to the government  introducing a GCSE in computer science to the syllabus in the near future.

 

Currently there is a distinct lack of skilled personnel available to provide us with adequate protection against such incidents and whilst the use of the internet has increased at such a rapid pace the number of industry specialists has not. A recent report undertaken by the national audit office advised that " those we interviewed from academia considered it would take up to 20 years to address the skills gap at all levels of education". The report went  on to blame a lack of promotion of science and technology subjects at school.

 

With Britain's emergency services , communication, transport and utility networks all under threat from hackers and other various forms of cybercrime, Bitain's businesses in general are now being asked to take these legitimate threats far more seriously, especially in view of the fact that that the UK suffered circa 44m cyber-attacks in 2011 which equates to 120,000 a day and an estimated £27 billion a year.

 

This clearly demonstrates yet again that business needs to sit up and acknowledge that that problem is not going away any time soon and that provision should be made to mitigate such losses should they occur.

 

Business leaders could certainly do far worse than to investigate the merits of Cyber Insurance as this is now an established insurance market looking to provide the appropriate cover for businesses of all sizes.

 

As the world continues to change at an alarming rate cyber risks increase and with competition pushing cyber insurance prices down and significant security and privacy risk being retained by organizations, risk transfer is becoming even more attractive.

 

For more information call Geoff Stanbridge on 01903 520200 or email This email address is being protected from spambots. You need JavaScript enabled to view it.

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