The government has rolled out new laws to help boost the UK’s cyber security companies from cyber-attacks. The DCMS has revealed plans to strengthen cyber security across the UK. This also includes improving how businesses report data breaches and educating workers with new qualification standards, so they’re better equipped in the long run.
Regulations to bolster cyber breach resilience
Despite publishing proposals on legislation reform and improving the digital security of firms, cyber threats are evolving and growing at a rapid speed. This is underlined by high-profile cases such as SolarWinds and Microsoft Exchange Servers, which had security risks in third party products and services. The lack of cyber security management made some systems easy to access for criminals who were able to hack into their networks, affecting thousands of businesses at a time.
Revising the NIS regulations
The NIS (Network and Information Security) regulations need risk assessments for vital service providers to protect their networks. The government wants to broaden the NIS regulations. This is primarily to include MSP (Managed Service Providers) as they specialise in digital services, online marketplaces, search engines and cloud computing.
There is a high demand in using digital services for corporate businesses to store information, install, and run the software. The summary listed is what the proposals are for updating the NIS:
Large companies must report to regulators such as Ofcom, Ofgem and the ICO, to better inform of cyber incidents
Flexible financial system – transfer costs incurred by taxpayers to organisations and reduce taxpayers’ burden
Updating the regulatory regime frequently to showcase to digital service providers that they have to abide by NIS regulations
Empowering the cyber security profession
The technology sector is booming in the UK, cyber security companies are an integral part of the economy. There have been thousands of successful new businesses that are now worth up to £1bn. As the demand for cyber careers is huge, employers are finding it difficult recruiting the right candidate or knowing which skillset, experience, and qualification to look for when hiring.
The government’s proposal makes it easier to define roles and responsibilities as well as assign relevant cyber job titles. This will help with the recruitment process for the industry overall. Employers can develop precise content targeting for the right people without unnecessarily hindering their entry and progression.
Learn more on Cyber Security Management and how to ensure security networks are protected at Professional Security!
