5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Investing

UK Businesses Struggle to Keep Pace with Cyber Threats, warns Microsoft

by
March 19, 2024
in Investing
0
UK Businesses Struggle to Keep Pace with Cyber Threats, warns Microsoft

<?xml encoding=”utf-8″ ?????????>

The UK are better prepared for cyber attacks than they were a few years ago, according to Microsoft’s UK security boss. However, a larger majority of UK businesses are still vulnerable to threats.

Paul Kelly, who looks after security for Microsoft in the UK, said “We’re in a better position than five years earlier,” and warns that the UK gets attacked a lot online, especially compared to other countries in Europe.

Dr. Chris Brauer, the Innovation Director at Goldsmiths, disclosed that 39 per cent of UK organisations face significant risks. These are attributed to factors such as a substantial skills gap, a lack of leadership involvement, and insufficient investment in research, development, and technology.

The report underscored that those businesses leveraging AI-powered cybersecurity, which complements human expertise, demonstrate twice the resilience against cyberattacks.

It is estimated that integrating AI into cyber defence measures could result in annual savings of £52 billion for the UK. Nonetheless, merely about 43 per cent of businesses have allocated resources for cybersecurity incidents.

Andy Ward, VP International for Absolute Software, commented: “In an era where cyber threats evolve faster than businesses can adapt, the UK’s strides in cybersecurity are commendable, yet the vulnerability of most businesses serves as an urgent call for action. It’s not just about setting up defences, but adopting a culture of resilience that integrates cybersecurity as a fundamental part of business strategy.”

“As cyber threats in the UK become more frequent, our shared goal is to enhance cybersecurity by protecting against threats, deterring attacks, and preparing defences, all while ensuring clear visibility and control over networks. To tackle cybersecurity hurdles, it’s essential to implement a resilient framework that boosts oversight and control of the network, establishing a robust cyber defence stance.”

Oseloka Obiora, CTO at RiverSafe “There is a large importance of having network visibility in order to strengthen cybersecurity resilience. While there is acknowledgement towards strides made in the UK’s cyber defence, the general lack of preparedness among most businesses remains a pressing concern. With robust network visibility, IT teams can swiftly detect and address vulnerabilities, ultimately minimising the impact of cyber threats and avoiding potential disruptions, particularly in complex or dispersed systems.”

Previous Post

Tesco to Revamp Clubcard Branding Following Loss to Lidl in Court Case

Next Post

Ted Baker Faces Administration, Putting Hundreds of Jobs in Jeopardy

Next Post
Ted Baker Faces Administration, Putting Hundreds of Jobs in Jeopardy

Ted Baker Faces Administration, Putting Hundreds of Jobs in Jeopardy

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Powering inclusive and sustainable progress

    Powering inclusive and sustainable progress

    May 9, 2025
    Reinvention is the key to longevity

    Reinvention is the key to longevity

    May 8, 2025
    PHL economic growth slows in Q1

    PHL economic growth slows in Q1

    May 8, 2025
    Dollar reserves fall to $104.6B at end-April

    Dollar reserves fall to $104.6B at end-April

    May 8, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.