The UK government has intensified its approach to enhance security capabilities of its online business this week after announcing its intention to create a fund "Cyber reserve" to act as an incentive for companies to strengthen their security systems.
The news comes after a high-level meeting of government ministers to discuss the issue, which has become a priority after it was revealed that an alarming 0% of British companies had suffered a breach of their online security mechanisms, with the intellectual property allegedly stolen on a "commercial scale".
Under the proposal, the government will work closely with the private sector to improve their existing practices, with some form of financial incentives should be announced in early 2013. According to Cabinet Office Minister Francis Maude, the government is now "focus our efforts on ensuring that the incentives and structures are in place to change behavior in a sustainable manner." over £ 650 million has already been allocated to the effort national online security, although the amount that will be used to promote best practice is still unknown.
the announcement of an incentive-based scheme was welcomed and criticized in equal mass some commentators expressed concern at the reluctance to introduce a mandatory reporting system, similar to that which was introduced in America. in the US, companies are required to report any online security breach, increasing disclosures and providing a measurable way to monitor the success cybersecurity efforts. The government chose to avoid this approach, which he described as providing a "perverse incentive" for administrators to turn their eyes to security breaches.
The commitment by the British government to fight against cyber security issues is a testament to the increasing business risk in the world of cyber-attacks. Companies often keep their most valuable information on their laptops and computers, and with employees increasingly using their own devices for purposes based on the work, security threats can become a problem. Using a VPN connection can act as a first line of defense against security vulnerabilities, such as VPN can help protect data (especially when combined with other measures, such as data encryption ) while employees are connected to unsecured networks.
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