What could your business do with £1000?
For most businesses in this difficult financial climate, £1000 is an amount of money which could be of great use. For some companies, cyber security goes un-prioritised because business owners may think they simply don’t have the budget for it (even if it means risking money and sensitive data in the long run). This is why the Scottish Government have opened up a funding programme for cyber security; specifically towards Cyber Essentials certification.
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Recap: Cyber Security Breakfast
Following the success of our previous Cyber Security Breakfast in Dundee, on the 17th of July we had another Cyber Security Breakfast in Perth. The event was in partnership with the Royal Bank of Scotland, and we had the pleasure of hosting a range of attendees, both current clients and non clients. Some of who were already on the cyber security path, and some who were completely new to the idea.
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Cyber Essentials from a clients perspective
Recently, we had the pleasure of meeting and getting feedback from Louise Rogers from Human Resources Intelligence. Louise spoke to us about her experience with m3 and how we assisted her business achieve Cyber Essentials Plus certification.
Cyber Essentials is a UK Government scheme to enable business obtain a minimum level of cyber security. In Scotland, up to £1,000 funding is available to help business achieve Cyber Essentials.
You can find out more about Cyber Essentials and how to apply for funding here.
Also, find out more about Louise and her company here.
Cyber Security Breakfast
If you have been following our social media (@m3networks), you will have recently seen our posts about an upcoming event – our Cyber Security Breakfast. This isn’t the first cyber security breakfast; in fact, our past cyber breakfast in Dundee went so well, we just had to bring it to Perth!
This event will be in partnership with the Royal Bank of Scotland, who are kindly providing tea/coffee and breakfast rolls for attendees. We will be delving into presentations about fraud, the current threats posed to SMEs, and the steps businesses, like yours, should be taking to meet the UK governments minimal cyber security requirements.
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Why SMEs should outsource their Cyber Security
Cyber attacks are a recurring threat, with almost a third of businesses in the UK reporting cyber security breaches in the past year. As of previous years, this is much higher, particularly among mid-sized enterprises (60%). In a rapidly changing technology landscape, outsourcing cyber security services can help your business remain agile, protect sensitive data, control costs and monitor threats continuously.
Here are the top five benefits of how outsourcing your cyber security services to professionals can minimise your businesses exposure to cyber attacks.
Why are you not Cyber Essentials certified yet?
According to the Cyber Security Breaches Survey 2019, the average cost of all breaches identified in the last 12 months for small businesses was £1,210 while for medium businesses, it was £3,770. Also, around 32% of businesses reported having cyber security breaches in the last 12 months.To meet these cyber security challenges, the UK government has implemented a range of schemes and initiatives. Of all the initiatives, Cyber Essentials (CE) is possibly the most useful for SMEs.
“Only 30% of the enterprises mentioned implementing changes to cyber security because of GDPR.” – Cyber Security Breaches Survey 2019
According to a report by NIG, almost 80% of data breaches can be prevented by implementing Cyber Essentials. This initiative brings many benefits to businesses looking to get certified; here are the five most important benefits:
5 ways Cyber Essentials can Improve your Business
The Cyber Essentials scheme is backed by the government to help companies protect themselves against cyber threats. Cyber Essentials (CE) helps organisations guard against the most common cyber threats by implementing cyber security best practices.
“1 in 6 UK small and mid-sized enterprises fell victim to a cyber attack in the last 12-month duration. Of the enterprises affected, more than one-fifth stated that it cost the company more than £10,000, and 1 in 10 mentioned that it cost more than £50,000.” – Zurich SME Risk Index
Here are five clear benefits of Cyber Essentials: