Surprisingly, statistics compiled by Statista show that just 9% of UK businesses are aware of the Cyber Essentials scheme. With cyber being in the spotlight more than ever, the businesses that do adopt Cyber Essentials will gain several advantages.
Cybersecurity often tops the charts of the biggest risks faced by organisations both large and small. In response to this, the UK Government launched Cyber Essentials, a certification that encourages business to implement five basic controls that can greatly reduce the threats. These are:
With so few organisations still to become Cyber Essentials certified, those that do, instantly gain the advantage of standing out from their competitors.
Being certified shows that an organisation takes the cyber threat seriously, which in turn reassures both customers and business partners alike.
The most obvious benefit of attaining Cyber Essentials certification is the (hopefully) increased focus on your business’s cybersecurity.
Effective implementation of these controls can reduce the risks.
With the more advanced Cyber Essentials Plus, in particular, your security will be put through its paces, highlighting any major vulnerabilities you may have.
Having the Cyber Essentials badge on your website and documentation will make you stand out from the crowd and give you a reputation for being serious about your cybersecurity. With new data breaches and cyber-attacks occurring on a near daily basis, being able to show clearly that you take the threats seriously will give your customers and business partners alike confidence that you’re taking action to protect their data.
With the current low uptake of the scheme, any business that has Cyber Essentials will have an instant competitive advantage over its rivals.
When it comes to doing business with someone who would you rather go with? The business that clearly takes the risks seriously or a business that cannot prove that it even cares about security?
The General Data Protection Regulation (GDPR) came into force in May 2018 and introduced potential fines of up to 4% of global turnover in the event of a data breach.
Cyber Essentials certification is one way for an organisation to be recognised by the Information Commissioners Office (ICO) of having good practice as it demonstrates that you have taken the basic steps needed to protect your business and customers data from cyber-attacks.
As such, being certified can reduce the penalties a business may receive if it should suffer a breach.
With more businesses taking out cyber insurance policies in order to protect themselves from the cyber threat many insurance providers are now advising them to attain Cyber Essentials certification. In the small print of many policies, a breach that is the result of poor security will not be covered by the insurer but by having Cyber Essentials, you are able to easily demonstrate that you have taken security seriously.
Having Cyber Essentials certification also opens up more business opportunities. To become a supplier to government departments, for example, a business must now demonstrate that it takes cyber seriously.
The Ministry of Defence (MOD), the Scottish government and the State of Jersey all now require a business to have Cyber Essentials certification in order to be a supplier. In 2020, the wider UK government will follow suit.
With UK government and departments making Cyber Essentials certification mandatory for its suppliers a savvy business will take advantage of the opportunity to get ahead of the competition.
Cyber Essentials can potentially lead to new business as it demonstrates your guarantee that you have cybersecurity measures in place.
With CyberScore™ you can automatically assess your cybersecurity and discover how you stack up against the Cyber Essentials scheme.
For more information on how CyberScore™ can help you get Cyber Essentials Certification get in touch!