The Importance of Cyber Essentials for Small Businesses: A Look at the Statistics

loudspeaker icon

Cybersecurity is a critical concern for small businesses in the United Kingdom. With over 5.7 million small and medium-sized enterprises (SMEs) operating in the country, these businesses play a vital role in the economy. Unfortunately, small businesses are at a higher risk of falling victim to cyber-attacks. In fact, according to the UK government’s Cyber Security Breaches Survey, an alarming 43% of cyber-attacks target small businesses.

One of the reasons for this increased risk is that small businesses often need more resources and more robust security systems compared to larger companies. This makes them an attractive target for cybercriminals, who can exploit vulnerabilities in their systems to gain access to sensitive data or disrupt operations. The solution to this problem is cyber essential. This UK government-backed scheme provides a set of basic but essential controls to help small businesses protect themselves against common cyber threats.

The National Cyber Security Centre (NCSC) oversees the implementation of cyber essentials, which covers five key areas: boundary firewalls and internet gateways, secure configuration, access control, malware protection, and patch management. By implementing cyber essentials, small businesses can significantly reduce their risk of falling victim to cyber-attacks by up to 80%. Additionally, compliance with cyber essentials can provide small businesses with a competitive edge in the marketplace, as many large companies now require their suppliers to be Cyber Essentials certified as a minimum requirement for doing business with them.

Cyber essentials certification is crucial not only for the protection of small businesses but also the growth and continuity of their business. By implementing cyber essentials, small businesses can demonstrate that they take cyber security seriously, which is essential in today’s digital age.

In addition to protecting small businesses from cyber threats, cyber essentials can also have other benefits. For example, by implementing cyber essentials, small businesses can increase their chances of being selected as suppliers for larger companies.

It’s more important than ever for small businesses in the UK to take cybersecurity seriously. The cyber threat landscape is constantly evolving, and small businesses need to stay ahead of the curve by implementing cyber essentials. By taking this crucial step, small businesses can secure the growth and continuity of their business, as well as protect themselves from common cyber threats.

Related Articles