Our live GDPR event takes place between 8.30am and 10.30am on Thursday 23 November and places can be booked online here.
Businesses urgently need to do more to protect themselves from online threats, according to new Government research.
A survey of Britain’s biggest 350 private sector employers found that more than two thirds (68%) of their boards had not received training to deal with a cyber incident, despite more than half (54%) saying cyber threats were a top risk to their business.
It also found that one in ten FTSE 350 companies currently operates without a response plan for a cyber incident. And only six per cent of businesses are completely prepared for incoming data protection rules (GDPR).
On the back of the research, Digital Minister Matt Hancock MP said: “We have world-leading businesses, but recent cyber attacks have shown the devastating effects of not getting our approach to cyber security right.
“This new report shows we have a long way to go until all our organisations are adopting best practice and I urge all senior executives to work with the National Cyber Security Centre and take up the Government’s advice and training.”
The Government is fully committed to defending against cyber threats and a five-year National Cyber Security Strategy (NCSS) was announced in November 2016, supported by £1.9bn of transformational investment.
This included the opening of the National Cyber Security Centre and offering free online advice as well as training schemes to help businesses protect themselves.
The Government will soon be introducing its new Data Protection Bill to Parliament.
With this coming into effect next May, implementing the General Data Protection Regulation (GDPR), the report for the first time included questions about data protection.
The new data protection law will strengthen the rights of individuals and provide them with more control over how their personal data is being used.
CT MD Ian Snow said: “Businesses of all sizes need to get ready for the implementation of GDPR next year, but it’s worrying that this research shows how unprepared some of the larger organisations in this country are and we are also concerned that is has so far slipped under the radar of many small businesses too.
“GDPR will have an impact on the way all businesses look after their customer data and if they are not compliant and suffer a security breach, it could result in huge fines, not to mention the potential damage it could have on their reputations.
“CT has been holding a series of webinars and events to help local businesses understand what their obligations under GDPR and how they can protect themselves against cyber attack.
“Our advice to customers would be that if you have concerns about how GDPR may affect your business, or need some advice about what to do to make sure it is compliant, to contact your account manager for an informal chat about what we can do to help.”
CT is teaming up with Veeam, Agenci and BRM Solicitors to deliver an event at Chesterfield Football Club aimed at helping businesses prepare for incoming data protection regulations.
It takes place between 8.30am and 10.30am on Thursday 23 November and places can be booked online here.