UK’s Cyber Code Comedy: Boosting Business Resilience or Just Another Boardroom Bore?
The Cyber Governance Code of Practice is here to help UK board members manage cyber-risk effectively. With cyber-attacks costing the economy billions, this initiative aims to protect businesses, workers, and customers. Because who knew cybersecurity was the secret ingredient to economic growth and not just a plot twist in spy movies?
Hot Take:
Looks like the UK government is finally telling businesses to pull up their cyber-socks! With a shiny new Cyber Governance Code of Practice, it’s time for company directors to earn their keep and make cyber-attacks as rare as a British sunny day. If the cyber-villains drain millions, then it’s high time the boardroom heroes save the day with their newfound wisdom. After all, a cyber breach is more than just a bad hair day for businesses; it’s a threat to the entire economy. Pip pip, tally ho, and off we go to a safer cyber future!
Key Points:
- The UK government has launched the Cyber Governance Code of Practice to improve cyber-resilience in organizations.
- The initiative targets medium and large-sized businesses to effectively manage cyber-risk.
- Cyber incidents have reportedly cost the national economy nearly £22bn from 2015 to 2019.
- The new code includes a training package and a Cyber Security Toolkit for Boards.
- The code’s training package is based on five pillars: risk management, strategy, people, incident planning, and assurance.