Why cyber security has to be a post-Brexit priority

The referendum’s over and the result’s been declared. As the pound crashes, the stock market plunges and the price of gold jumps, businesses are urgently consolidating their plans to ensure they survive. Meanwhile, cyber criminals are taking advantage of this period of uncertainty.

Business hates uncertainty

Among many business reactions to the Brexit vote, Carolyn Fairbairn, the director general of the CBI, noted that “Many businesses will be concerned and need time to assess the implications.”

Dr Adam Marshall, the acting director general of the British Chambers of Commerce, said that “confidence, investment, hiring and growth would all be deeply affected by a prolonged period of uncertainty.”

Mike Cherry, the national chairman of the Federation of Small Businesses, commented: “Smaller businesses up and down the country now need a focus on economic certainty and stability.”

One certainty in uncertain times: cyber crime hasn’t changed

As business struggles to come to terms with the referendum result, cyber criminals are carrying on as normal – after all, the opportunities to exploit are as abundant as ever. Indeed, it could be argued that corporate caution in the face of a Brexit is actually a good thing for criminals. If businesses are holding back on spending until they know exactly how the withdrawal process will play out – and every indication is that they are – then the chances are that their cyber defences are suffering as a result.

Make no mistake: spending on cyber security can’t wait. The cyber threat is real, it’s immediate, and it’s increasing.

Alan Calder, IT Governance’s founder and executive chairman, explains: “All industries face months, if not years, of uncertainty following the Brexit vote. But there’s one thing we can be certain of: cyber crime will continue to increase in scale and severity. In these turbulent times, all organisations need to do everything they can to ensure they survive. That’s why it’s essential to continue investing in best-practice cyber defences to combat the growing cyber threat.”

Best-practice information security

Whatever your line of business, whatever the size or location of your organisation, you need to make sure your cyber security posture can handle the daily onslaught of international cyber crime.

Responsible businesses that want to protect themselves should look to the international standard for cyber security, ISO 27001. An ISO 27001-compliant information security management system (ISMS) provides a risk-based approach to data security that can be applied across the firm and throughout the supply chain. Once your ISMS has been certified to the Standard, you can insist that third-party contractors and suppliers also achieve certification. In addition to this, the external validation offered by ISO 27001 certification is likely to improve your organisation’s cyber security posture and business efficiency while providing a higher level of confidence to customers and stakeholders, as well as allowing you to meet your legal, contractual and regulatory data protection obligations.

Help towards ISO 27001 certification

IT Governance has been helping organisations implement ISO 27001 for well over a decade, and is your single source for everything to do with ISO 27001 – from the Standard itself to booksdocumentation toolkitstraining coursesconsultancy and software to help you implement an information security management system.

Starting at just £380, our ISO 27001 Packaged Solutions combine all of these resources in fixed-price packages to suit all needs.

Leaving the EU won’t stop international cyber crime. Secure your business today >>

2 Comments

  1. David Ojah 27th June 2016
    • Neil Ford 28th June 2016